Owing to dominance of state-owned shares in listed company,ubiquitous internal manipulation, and relative inefficacy of the dualistic supervisory institution of director board,independent director system has been intr...Owing to dominance of state-owned shares in listed company,ubiquitous internal manipulation, and relative inefficacy of the dualistic supervisory institution of director board,independent director system has been introduced to China,in order to compensate the inefficency of surpervisory function of the board of supervisors and to enforce the internal supervision of director board.From the view of institutional economics,this article makes a deep analysis on the barriers affecting the function of independent director and puts forward count ermeasures.展开更多
文摘Owing to dominance of state-owned shares in listed company,ubiquitous internal manipulation, and relative inefficacy of the dualistic supervisory institution of director board,independent director system has been introduced to China,in order to compensate the inefficency of surpervisory function of the board of supervisors and to enforce the internal supervision of director board.From the view of institutional economics,this article makes a deep analysis on the barriers affecting the function of independent director and puts forward count ermeasures.