I. Roles and responsibilities of company directors
As an important part of the corporate governance structure, the directors of a company are mainly responsible for supervision, decision-making and guidance. They are responsible for reviewing major issues of the enterprise, including strategic planning, business plan, financial budget, etc. , and put forward opinions and suggestions to the shareholders' meeting on these matters. At the same time, directors also need to supervise the operation and management of the enterprise and the performance of senior management personnel to ensure the compliance and steady development of the enterprise.
Second, the level and status of corporate directors
The rank and position of enterprise directors are usually related to the scale, governance structure and shareholder structure of the enterprise. In large enterprises, the board of directors usually has positions such as chairman and vice chairman, and these positions have a higher level and status as directors. In small and medium-sized enterprises, the board of directors is small, and the level difference between directors may not be obvious. In addition, different types of directors, such as independent directors, executive directors and non-executive directors, have different responsibilities and status.
Third, the selection and appointment of corporate directors.
The selection and appointment of enterprise directors usually follow certain procedures and standards. Generally speaking, directors should have high professional quality, rich management experience and good reputation. In the selection process, the enterprise will comprehensively consider the applicant's education, work experience, industry status and other factors. At the same time, some enterprises will also adopt market-oriented recruitment methods and select suitable directors through open competition and expert recommendation.
Fourth, the remuneration and incentives of corporate directors.
The salary and incentive mechanism of enterprise directors is also an important aspect to reflect their rank and status. Generally speaking, directors' remuneration includes basic salary and performance bonus, in which performance bonus is usually linked to the performance of enterprises and directors. In addition, some enterprises will encourage directors to perform their duties better through equity incentives and retirement plans.
To sum up:
Company directors are the key roles in the corporate governance structure. Their rank and status are not fixed, but are influenced by many factors. In enterprises with different scales and different governance structures, the level and status of directors may be different. In terms of selection, appointment and salary incentives, enterprises usually formulate corresponding systems and standards according to their actual conditions and needs.
Legal basis:
Company Law of the People's Republic of China
Article 108 stipulates:
A joint stock limited company shall have a board of directors with five to nineteen members. Members of the board of directors may include company employee representatives. The employee representatives in the board of directors are elected by the employees of the company through employee congresses, employee congresses or other forms of democratic elections.
Article 1 10 stipulates:
The board of directors shall have a chairman and may have a vice-chairman. The chairman and vice-chairman are elected by the board of directors by more than half of all directors. The chairman shall convene and preside over the meeting of the board of directors and check the implementation of the resolutions of the board of directors. The vice chairman assists the chairman. If the chairman is unable to perform his duties or fails to perform his duties, the vice chairman shall perform his duties; If the vice chairman is unable to perform his duties or fails to perform his duties, more than half of the directors shall recommend a director to perform his duties on his behalf.