中国上市公司引入独立董事制度的若干思考

Some Considerations on the Independence Directors System for the Listed Corporations in China

从公司代理成本、董事会结构缺陷、国有股集中和家族式经营四个方面 ,论证中国上市公司引入独立董事的动因及其相应的作用 ,并阐述了引入独立董事制度带来的与监事会职能冲突和难以真正独立的两大障碍 ,并通过职能细分和维持中立两种途径提出解决方案。

This paper discusses the causes and the significance in the introduction of the independence directors system into the listed corporations with respect to the corporate agency cost,the structure of the director's board,the equity concentration and the family style operation.It also analyses the conflicts between the functions of independence directors and supervisors as well as the two major obstructions in the introduction process.Upon the analysis some solutions are suggested.