중국의 사외이사제도 발전을 위한 개선 방안에 관한 고찰

Abstract

The independent director system was introduced for effective control of management. However, independent directors are criticized for failing to keep the purpose of the introduction and only serving as a show of hands on the board of directors. That, even though the independent director system is one of the core mechanisms of corporate governance, the independent director system has always been a hot issue concerned by scholars and corporate governance institutions in various countries. After years of development, the imported independent director system has taken its place in China. While improving corporate governance and improving the quality of listed companies, it also shows some inadaptability. Independence is the core and soul of the independent director system and the prerequisite for independent directors to function. Professionalism is an important characteristic of independent directors and the key to the correct performance of duties by independent directors. The role of an independent director is that of a supervisor, a decision maker, an advisor, and sometimes a relationship builder as the company wishes. The independent director system is an important component of corporate governance. Independence is the core and soul of the independent director system, and it is the prerequisite for independent directors to perform their functions; Professionalism is an important characteristic of independent directors and a guarantee for their independent performance of duties. The basic roles of independent directors are supervisors and decision-makers; At the same time, independent directors also serve as company advisors and relationship builders. This research proposes improving corporate governance: The improvement of China's independent director system can enhance corporate governance, promote standardized operation, and sustainable development of the company. This research proposes promoting the development of the capital market: The improvement of the independent director system can improve the transparency and information disclosure quality of listed companies, enhance investor confidence and participation, and promote the development of the capital market. This research also proposes enhancing international competitiveness: With the increasing influence of Chinese enterprises in the international market, the improvement of the independent director system can enhance the international image and competitiveness of enterprises, and better adapt to the challenges of global competition. This research proposes promoting the construction of the rule of law: The independent director system is an important component of corporate governance, and its improvement relies on the improvement and implementation of relevant laws and regulations, which helps to promote the construction of the rule of law. In addition, this study is expected to help the improvement of China's independent director system by analyzing the current problems of China's outside director system and presenting improvements accordingly.