Open Access

An analysis of the characteristics of Chinese listed companies’ independent director system

  • Tan Jinsong 1Email author,
  • Li Minyi 1,
  • Li Wenjing 1,
  • Zheng Heng 1,
  • Wu Jianlin 1 and
  • Liang Yu 1
Frontiers of Business Research in ChinaSelected Publications from Chinese Universities1:27

https://doi.org/10.1007/s11782-007-0027-7

Abstract

From three different perspectives, namely, the basic characteristics of independent directors, the percentage of independent directors on board and its relation to company performance, and the remuneration for independent directors and its relation to company performance, we could summarize implementation characteristics of the independent director institution in China: the age distribution of independent directors is relatively even and the majority of them are academic staff and researchers with business administration backgrounds; a positive relationship between the independent director’s remuneration and company performance, as well as between the number of independent directors on board and the company performance.

Keywords

listed companiesindependent directorscharacteristics of independent directorsremuneration for independent directorscompany performance

Notes

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