A General Analysis of the Chinese System of Independent Director
The Independent Director originated in America,which designates the director holds no post in the listed company except being a director who has no stake with the company and substantial shareholder who may interfere with his objective judgment.It is not so long since the System of Independent Director initialed in China,which only tried in overseas listed companies.In 2005,the revised Company Law made a explicit stipulation and the system was fixed with legal sense in China.Now there are still some problems existed for the system,we should make efforts to make it complete and perfect.