2004Journal of Hengyang Normal UniversityRequires access

Legal Study on Perfecting the System of Supervision of Listed Company

Xiao Xiao-gang

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Abstract

The corporate inner supervision is the core of corporate governance. At present, China's listed companies carry on system of board of supervisors and system of independent directors at the same time, but it hasn't achieved the expected effects in practice.Due to the tradition in our country and the developmental phase of market economy,to absorb the resonable factors of independent directors system and to promate the capacity of independence and the profession of board of supervisors,that is,the board of supervisors comprising of representatives of share holders,representative of employees and independent supervisors,are good ways to conform to china's realization.

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The corporate inner supervision is the core of corporate governance. At present, China's listed companies carry on system of board of supervisors and system of independent directors at the same time, but it hasn't achieved the expected effects in practice.Due to the tradition in our country and the developmental phase of market economy,to absorb the resonable factors of independent directors system and to promate the capacity of independence and the profession of board of supervisors,that is,the board of supervisors comprising of representatives of share holders,representative of employees and independent supervisors,are good ways to conform to china's realization.

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Available abstract

The corporate inner supervision is the core of corporate governance. At present, China's listed companies carry on system of board of supervisors and system of independent directors at the same time, but it hasn't achieved the expected effects in practice.Due to the tradition in our country and the developmental phase of market economy,to absorb the resonable factors of independent directors system and to promate the capacity of independence and the profession of board of supervisors,that is,the board of supervisors comprising of representatives of share holders,representative of employees and independent supervisors,are good ways to conform to china's realization.

Key concepts: Corporate governance, Business, Independence (probability theory), Accounting, China, Listed company, Carry (investment), Corporate law

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