Study on the Independent Director System in Corporate Governance

Abstract

As a system arrangement in corporate governance, implementation of the independent director will help improve structure of corporate governance, maintain interests of all stockholders, and protect rights and interests of small-and-medium size of investors. There exist such many issues as insufficient information of independent directors, weak independence, low enthusiasm, and shortage of talents in the practice of the independent director system in China. Therefore, we should strengthen and optimize the independent director system with a Chinese characteristic.