Study on the Current Implementation Situation of the Independent Director System in China＇s Listed Companies

The independent director system, as an effective measure to improve the corporation governance structure of China＇ s listed companies, is focused by more and more people at the capital market. In this paper, the proportion of independent directors in the board of directors, and the actual condition, compensation, and duties performing of independent directors are analyzed by taking A-share listed companies in Shanghai Stock Exchange as an example, so that the current implementation situation of the independent director system in China＇ s listed companies is analyzed deeply through the empirical method. Finally, suggestions for its imorovement are orooosed.

The "Garden of Emeralds" Exhibition:Interview with Dr. EloÏse Gaillou,Director and Curator of the Mineralogy Museum of l'école des Mines de Paris(Mines Paris-PSL)

From May 25 to October 7,2024,L’éCOLE China,School of Jewelry Arts(supported by Van Cleef & Arpels) presents the "Garden of Emeralds" exhibition in its Shanghai campus.As part of the "Discover the Gemstones" series,the exhibition gives pride to this green precious mineral and explores its history in many regions of the world,from Asia to Europe including the Middle East.Gathering both raw stones and pieces of jewelry from museum collections and private lenders,it addresses the topic through the three main pillars of L’éCOLE:gemmology,savoir-faire and the history of jewelry.

Spring Festival Celebrations Fire Maltese Fascination with Chinese Culture--An Exclusive Interview with Director of the China Cultural Center in Malta Yuan Yuan

THRONGS of shoppers,in a department store adorned with colorful Spring Festival posters,vying to try their hand either at Chinese calligraphy or traditional Chinese lantern-making,might seem incongruous in a European setting.The background to this vibrant scenario was The Point,Malta’s largest shopping mall,as part of the island country’s 2023 Chinese New Year celebrations,courtesy of the China Cultural Center in Malta.

Women on Boards of Directors

This research aims to measure the current gender representation in membership of boards of directors,and to study the factors affecting the presence of women on boards.The results of the study will support the decision makers and policy makers at all levels by providing knowledge that contributes to bridging the current gap in participation of women boards.The methodology used in this research is the descriptive analytical approach,which relies on quantitative methods in the process of collecting and analyzing data.This study represents the boards of directors in the three sectors(public,private,and non-profit)in the Kingdom of Saudi Arabia,The study sample contained 350 targets,where a random sample of 150 people in the public sector,100 people in the private sector,and 100 people in the non-profit sector were selected.The research result found that the majority of the responses believe that the lack of experience and training,and social factors,are the most impact areas of explaining the reasons for the existence of a gap in women’s membership in boards of directors in the three sectors.And the most important reasons for the existence of a gender gap in board membership are:there is no statutory minimum percentage for women’s representation on boards of directors,and scarcity of female competencies in general,and the lack of women occupying leadership positions.

HIM in Director’s Lens: Today and Future——An Interview with CAS Member TAN Weihong, the founding director of the Hangzhou Institute of Medicine, Chinese Academy of Sciences

Turning five years old,the Hangzhou Institute of Medicine(HIM),Chinese Academy of Sciences(CAS)strives to play a pivotal role in boosting interdisciplinary research on the interface between innovation and medical science.As we peel back the layers of this cutting-edge institution,who better to guide us than its visionary director,Prof.TAN Weihong?In this exclusive interview with HIM Director Prof.TAN Weihong,who is also a CAS Member,we can grasp an idea of its unique position in China’s scientific landscape,its major achievements,and its ambitious roadmap to excellence.

Implementing the Independent Director System in China: Issues and Considerations

Independent Directors (IDs), also known as outside directors or non-executive directors, are those who are independent of the company’s shareholders and who hold no post in a joint-stock company. Unlike internal directors who are under the control of dominant shareholders and a company’s leading group, IDs are in a position to play a favorable role for the company to independently judge and determine its business. The introduction of the ID system in the corporate

Defects in Chinas Independent Director System: A Case Study of Leshan Power Company

A system has been set up in China which provides for independent directors of listedcompanies. Whether these independent directors could play an effective role has, however,always been a matter for dispute. The recent case of Leshan Power shows that under thelegal framework and share structure which currently exists in China, there is very narrowscope for independent directors to carry out their function. After discussing the main obstaclesto implementation of independent directorship of Chinas listed companies, the authorpoints out several measures that must be taken in order to enhance the effectiveness ofboards of directors. Finally this paper concludes that without the necessary conditions forindependent directors to actually have a functioning role to play, invitation of independentdirectors by listed companies will be a matter of form only.

Does the system of independent directors help improve the quality of accounting information： From the perspective of earnings conservatism

Based on the sample data of the listed firms on the A stock market, we analyze how the system of independent directors influence the earning conservatism from 4 dimensions designed to measure the monitoring power of these independent directors： Percentage within BDs, professional capacities, stimulation and work conditions. From the empirical results, we conclude that the more powerful of the independent directors, the better the accounting conservatism, and that their positive impact increases along with the improvement on corporate governance, meanwhile the work conditions plays the most important role, and then are the percentage within BDs and their professional capacities, the stimulation and personal reputation appear the least importance.

Buckling morphology of glassy nematic films with staggered director field

The photo-induced buckling of axially periodic glassy nematic films with alternating stripped director domains is explored by the F¨oppl-von K′arm′an plate theory along with a modified kinetics approach.The effects of domain widths on the critical light intensity as well as the buckling morphology are examined numerically.It is found that in most cases the buckled film forms regularly aligned dimples and protrusions,but shows large scale bending perpendicular to the periodic axis if the widths of the stripes are nearly the same.In addition,change in light intensity is shown to alter the wavenumber of the buckling pattern.These results are expected helpful to the design of shape-shifting structures with glassy nematic films.

Female directors in the boardroom and intellectual capital performance:Does the“critical mass”matter?

This research aims to investigate the influence of female directors on Intellectual Capital Performance(ICP)using a sample of manufacturing-listed companies in China.Our study investigates the link between having two or more female directors and the Modified Value-Added Intellectual Coefficient(MVAIC)methodology,employing the critical mass theory from 2004–2017.We find that having a critical mass of female directors(three or more)shows a significant positive impact on MVAIC and its components,including human capital efficiency,structural capital efficiency,relational capital efficiency,and physical capital efficiency,with physical capital being the critical driver.Our study reveals that the critical mass participation of female directors substantially influences the IC efficiency of privately owned companies compared to state-owned companies.Moreover,the number of female directors also affects the IC performance of manufacturing companies in multiple regions.Our findings support the validity of group classification identified by Kanter and Critical Mass Theory.To the best of our knowledge,this is one of the few pieces of research that studies the role of female board directors in IC performance and Chinese manufacturing firms using MVAIC as an IC measure.

Deepening Bilateral Cooperation Between Jilin and Thailand——Exclusive Interview with Wantana Tatan,Minister Counsellor(Investment Promotion),Royal Thai Embassy and Director of BOI’s Beijing Office

During Chinese President Xi Jinping’s last visit to Thailand,both sides an-nounced that they would build a more stable,prosperous and sustainable community,which is a milestone in leading and promoting the development of China-Thailand relations.The Northeast Asia Expo opened on August 23 in Jilin Province,Want-ana Tatan,Minister Counsellor(In-vestment Promotion),Royal Thai Em-bassy and Director of BOI’s Beijing Office,said that this expo provides a good platform for deepening bilateral cooperation.

Summary of Keynote Speech by Ma Xiaolin, Director of Henan Museum

President Xi Jinping has visited many places in recent years,and in each place he often goes to a museum.He made important speeches in each museum he visited,be it a historical or a modern one.He pointed out that China has firm confidence in its path,theory and system,which is essentially a confidence in its culture based on more than 5,000 years of civilisation.

UPGRADING THE CAMBODIAN ECONOMY WITH CHINESE ASSISTANCE Exclusive interview with Phana Veunida,director of the Asia Pacific and Oceania Countries Department of the Council for the Development of Cambodia

This year was designated the Year of China-Cambodia Friendship as part of activities to commemorate the 65th anniversary of the establishment of diplomatic relations between China and Cambodia.Over the years,China has firmly supported Cambodia’s development in all areas and the two countries have yielded fruitful achievements in cooperation.Their traditional friendship has stood the test of time.

ISA Assembly concludes twenty-eighth session with participation of heads of States and governments and high-level representatives and adoption of decisions on the establishment of the Interim Director General of the Enterprise

The 28th session of the Assembly of the International Seabed Authority(ISA)closed on 28 July 2023 after five days of meetings in Kingston,Jamaica.The meeting was presided over by H.E.Mr.Alhaji Fanday Turay,former Permanent Representative of Sierra Leone to the United Nations and upcoming Minister for Transportation and Aviation of Sierra Leone.

基于Director架构的Photoshop视频教学系统设计

针对传统Photoshop教学系统存在的功能分散和使用限制等问题,设计一种基于Director架构的Photoshop视频教学系统。该系统分为视频教学、案例欣赏、使用说明、内容浏览及素材源等模块,并利用演化算法对登录管理、资源管理、测验管理进行功能验证。结果表明,系统具有较强的交互功能,能够满足教学需求,可为数字化教学提供全新的技术手段。

Transforming the World of Textiles:efficiency,digitization and circulation--Interview with Dr. Janpeter Horn,Chairman of the VDMA TextileMachinery Association, andManaging Director of August HerzogMaschinenfabrik

Most of 2022 was a good year for the German textile machinery sector. The overall exports of textile machinery and accessories summed up to approx. 3 billion euros, which was slightly above the good year 2021. But from autumn on, incoming orders have slowed down and there have been some cancellations. The latest turnover forecast of the VDMA assumes a minus of 7 percent for our industry in 2023/2022(coming from high numbers in 2022/2021: plus 19 percent).

公立中医院党委领导下的院长负责制研究

全面贯彻落实党委领导下的院长负责制是公立中医院改革发展的根本保证,是新时代公立中医院改革发展的必然要求和方向指引。公立中医院要全面落实党委领导下的院长负责制,必须强化理论武装,凝聚思想共识;完善制度机制,明晰议事决策边界;规范章程建设,强化章程落实保障;优化领导者绩效考核体系,统筹班子与队伍建设;加强基层党组织建设,提升基层党建工作水平。

幼儿园园长教学领导力的指标体系构建与应用研究

幼儿园是实现保育教育高质量发展的主阵地,园长是履行幼儿园保育教育领导与管理职责的专业人员,其教学领导力作为核心领导力,是影响幼儿园保育教育高质量发展的一种综合能力。科学构建园长教学领导力指标体系是提高园长教学领导力的重要前提,依据校长教学领导力理论和我国学前教育政策文件,构建了园长教学领导力指标体系,即规划保育教育、领导课程与教学、保教监督与评价、引领教师成长、建设团队文化。运用此指标体系,实证调查了园长教学领导力的发展现状,发现园长教学领导力处于中等偏上水平;园长教学领导力各指标体系的发展水平存在不均衡现象;不同教龄和不同地域园长的教学领导力水平存在显著性差异。针对园长教学领导力的现有发展水平,从教育行政部门、园长培训机构以及园长自身发展三个角度提出建议。

用Director开发交互式多媒体教学软件

多媒体教学作为计算机多媒体技术的一个应用领域，已越来越受到人们的重视。主要介绍用Ｄｉｒｅｃｔｏｒ开发多媒体教学软件的特点以及实现过程中的一些关键技术。