How does China's Company Law Meet Changes in the Global Corporate Governance Model: And the Legal Implementation of Flexible and Diversified Corporate Governance Structure in China

摘要

With the establishment of the market economy system, China needs to reform the forms of companies governance urgently. The main method of reform is to improve the internal management system, to enhance supervision and inspection for professional executives, and to build a divergent and flexible governing structure. The main goals include gradually transferring the corporate governance of focusing on the interests of shareholders to the corporate governance of paying attention to the interests of shareholders and the employees, and the interests of the company and stakeholders. The specific reform approaches include constructing a sound employee participation system, bringing in an external supervisor system and optimizing the roles of independent directors.