Paired samples are hired to compare the performance between firms which hired independent directors and which didn't in the early stage. The result shows that no difference exists before and after the introduction of independent directors. Cross-sectional data of 2003 are used to test the affects in new stage of development.

對(duì)于制度發(fā)展早期的實(shí)施效果狼友视频—主页，筆者試圖通過對(duì)已設(shè)立獨(dú)立董事和未設(shè)立獨(dú)立董事兩組配對(duì)樣本的比較檢驗(yàn)，發(fā)現(xiàn)他們價(jià)值之間的差距欧美日韩色图，然而結(jié)果顯示东北老妓女叫床粗话对白，無論在設(shè)立獨(dú)立董事之前還是之后，兩組公司的價(jià)值都沒有顯著差異超碰在线夜丁香。

If the trustee shall exercise such option to purchas e, they shall hold the beneficial interest thereof for the benefit of all the remaining trust certificate holders who shall, upon days' notice given by the trustee before exercising such option, contribute their respective proportionate share of the purchase money to be paid by the trustee.

如果董事行使了購買權(quán)欧美视频亚洲，他們應(yīng)當(dāng)為了所有剩余的信托證書持有者享有其中有使用權(quán)的利益，信托證書持有者應(yīng)當(dāng)基于董事提前幾天發(fā)布的通知欧美熟妇xXXⅹⅹ欧美老妇A片，在行使選擇權(quán)之前人人草人人摸人人插，將購買他們個(gè)人持有的成比例的股票的資金交給董事。

The result shows that due to the influence of many subjective and practical factors, at this stage, independent director system does not take distinct effect on corporate governance, the promotion of corporate performance and the protection of interest of minority shareholders.

其次欧美激情性A片在线观看人妖，分析我國現(xiàn)階段獨(dú)立董事制度有效性午夜无码国产18禁在线香瓜社区，其中利用我國從2000年設(shè)立獨(dú)立董事的上市公司的違規(guī)行為和經(jīng)營業(yè)績(jī)進(jìn)行實(shí)證分析，研究結(jié)果表明由于受諸多主觀男女肏穴网、客觀因素的影響人人操又人人，現(xiàn)階段我國獨(dú)立董事制度并未對(duì)公司業(yè)績(jī)的增長和中小股東利益的保護(hù)起到顯著效果。

The decision made by Board of Directors to enter into a house-leasing contract with Company B complies with the requirements of relevant laws. As per the stipulation, if the director of a listed company is affiliated with the enterprise involved in the matters discussed by the board of directors, the meeting of the board of directors may be held once more than half of the unaffiliated directors will be present..

董事會(huì)通過了一項(xiàng)與B公司簽訂房屋租賃合同的決定是合法的欧美综合自拍亚洲综合图片区，根據(jù)規(guī)定亚洲另类欧美日韩爱V，上市公司董事與董事會(huì)會(huì)議決議事項(xiàng)所涉及的企業(yè)有關(guān)聯(lián)關(guān)系的，該董事會(huì)會(huì)議由過半數(shù)的無關(guān)聯(lián)關(guān)系董事出席即可舉行一级A片一级毛片一级在线看，本題出席董事會(huì)的董事中91干屄，有5名是無關(guān)聯(lián)董事，是符合規(guī)定的99丫视频。

However, the independent director system is still a new comer in Chinese security markets, which has avoidably met some blocks on its way and hindered its further development in China.

獨(dú)立董事制度自實(shí)施以來取得了較好的成效哪里有a级片网站，但是由于獨(dú)立董事制度在我國尚屬新生事物，在其實(shí)施過程中不可避免的遇到各種問題日韩免费午夜短片在线观看，阻礙獨(dú)立董事制度作用的進(jìn)一步發(fā)揮男女黄色视频免费在线观看不卡。

Contemporarily, narrates the significance of Directors Liability Insurance by analyzing the contributions of Directors Liability Insurance to economical and social development and make a brief introduction of the origination of Directors Liability Insurance and development history at home and abroad.

同時(shí)分析董事責(zé)任保險(xiǎn)對(duì)經(jīng)濟(jì)和社會(huì)發(fā)展所起到的作用，闡述董事責(zé)任保險(xiǎn)的意義中国特黄一级毛片a；簡(jiǎn)要回顧董事責(zé)任保險(xiǎn)的起源及在國外和我國的發(fā)展歷程精品美女视频一区二区三区。

The ideal security legal system is the one that increases the civil responsibility for securities law violation, the civil responsibility for enterprise's "insiders" and the legal responsibility for the enterprise's "outsiders"(including the independent directors). On the other hand, the Confucianism culture that embodies philanthropism and rapprochement principle is, to a certain extent, conflicting with the independent director system. Therefore, given China's current status, there is no adequate condition on external/internal corporate governance and formal/ informal institutions for the implementation of the independent director system.

因此，在我國目前條件下爆插黄色，無論從外部公司治理還是從內(nèi)部公司治理怕怕怕在线观看，無論是從正式制度還是從非正式制度，部未能為在我國上市公司建立和實(shí)施獨(dú)立董事制度提供足夠的前提條件和理論支持古代AV，從完善我國上市公司治理機(jī)制免费的黄视频,黄网站。、規(guī)范證券市場(chǎng)的角度分析，獨(dú)立董事制度也不是目前需要采取的最緊迫的舉措，另外日韩免费一级在线观看，我們的分析也得不出獨(dú)立董事制度在現(xiàn)階段對(duì)改善我國上市公司治理會(huì)有明顯作用的結(jié)論大学生宾馆无码。

Owing to the internal supervision mechanism' nominal establishment, supervision power's weakness, and other problems occurring in our public companies rifely, China has introduced the Independent Director Regime in public company since the end of the 1990s.

鑒于我國當(dāng)前上市公司普遍存在的內(nèi)部監(jiān)督機(jī)制虛設(shè)、監(jiān)督不力等問題国产精品亚洲精品爽爽，中國從90年代末開始嘗試在上市公司建立獨(dú)立董事制度五月在线视频，并以2001年8月16日證監(jiān)會(huì)發(fā)布《關(guān)于在上市公司建立獨(dú)立董事制度的指導(dǎo)意見》為標(biāo)志，正式在上市公司中推行獨(dú)立董事制度技女视频网站。

At the same time, the system that remits the responsibility of director should also be constituted to balance the right and obligation of director.

為了平衡董事的權(quán)利義務(wù)国产区欧美区自拍区在线，除了董事責(zé)任保險(xiǎn)制度，亦應(yīng)建立起相應(yīng)的董事責(zé)任免除機(jī)制久久综合给合久久狠狠狠88。

But the special characteristics of the governance of "dual corporate governance system" and "the final-say as a big shareholder" decides that we must indigenize independent director mechanism instead of wholly accepting such mechanism without some necessary changes.

基于這樣的認(rèn)識(shí)欧美大片a，文章首先介紹獨(dú)立董事制度的產(chǎn)生和獨(dú)立董事在公司治理中的有關(guān)作用。然后分析中國移植獨(dú)立董事制度的必要性和可能性小电影A片。