In modern corporate governance, what are the problems in the governance structure of separation and restriction of three powers?

Centralized power and inefficient decision-making, conflict of interests and difficult to coordinate.

1. centralization and inefficient decision-making: the separation of the three powers leads to excessive decentralization of power and reduces the efficiency of decision-making. Coordination and decision-making between different authorities often require extra time and resources, which leads to the lag of decision-making and the difficulty of cooperation.

2. Conflicts of interest and coordination difficulties: Decentralization leads to conflicts of interest between different authorities. For example, the board of directors and the board of supervisors represent different stakeholders or shareholder groups, which leads to delayed decision-making, biased decision-making and difficulties in cooperation.