独立董事制度对内部控制质量的影响机理研究——一项来自苏南民营上市公司的经验证据

On the Mechanism of the Independent Director System's Influence on the-quality-of-internal-control——Taking a Private Quoted Company in South Jiangsu as an Example

独立董事制度实质上是通过人为介入独立第三方来平衡和监督管理层权力的一种制度。本文以民营经济比较发达的苏南地区的经验数据为样本,通过对该地区民营上市公司独立董事的比例、人员背景、薪酬、名誉以及更迭次数等方面的研究,找出影响独立董事制度发挥作用的影响因素。通过数据对模型的检验,发现独立董事制度要在苏南民营上市公司中发挥作用,必须要严格独立董事的任职资格,提高独立董事的入职门槛,建立独董市场;要引进声誉机制,要让独立董事更有动力地完成自己应尽的责任;改进报酬激励制度,让独立董事评价自己的工作,并体现相应的报酬。

The independent director system means to balance and supervise the rights from management by means of independent third-party. This paper takes the experience data of South Jiangsu, whose private economy developed well, as an example to study the proportion of private quoted company＇s independent directom, staff members＇ background, salary, reputation, etc. in the area, finds out influential factors on the independent director system＇s working, and draws a conclusion that being strict with the qualification of independent director, improving the independent director＇s entry threshold, establishing the independent director＇s market, introducing the mechanism of reputation, making the independent directors take their own responsibilities actively, improving incentive compensation system and letting the independent directors evaluate their own feats by means of constructing simulation for the independent director system working well in a private quoted company in South Jiangsu.