The role of independent directors is to objectively supervise managers, safeguard the rights and interests of minority shareholders and prevent insider control; Most independent directors are celebrities, which helps to enhance the company's image and facilitate market financing; Independent directors have the obligation of honesty and diligence to listed companies and all shareholders, and earnestly perform their duties and safeguard the overall interests of the company in accordance with the requirements of relevant laws and regulations, guiding opinions and the company's articles of association.
Extended data:
The independence of independent directors is reflected in:
1. Independent qualification.
2. Produce program independence. Most listed companies are state-owned enterprises, and their corporate governance structure itself has great problems, such as the absence of owner representatives, insider control, and manipulation of shareholders' meetings by major shareholders. It is difficult to guarantee the independence of independent directors. Many independent directors are "human directors" brought or invited by company leaders or management, and their rights and responsibilities are unclear.
3. Economic independence. Economic independence cannot be understood only superficially. As long as independent directors work hard, fulfill their duties and bear corresponding legal responsibilities for their own mistakes, they should be paid corresponding to their obligations and responsibilities, and establish a reasonable incentive and restraint mechanism.
4. Independence of exercise. The role of independent directors in China's listed companies has not been fully exerted, mainly because the proportion of independent directors in the board of directors of listed companies is too low, and there is no corresponding executive body in the corporate governance structure of listed companies.
Baidu Encyclopedia-Independent Director