Are independent directors paid?

Legal analysis: independent directors don't get paid, but give consulting fees once a year, which is actually an annual salary in disguise. The remuneration of independent directors is not stipulated by the state, and it belongs to the scope of research and decision of the board of directors. How much to give, when to give, when to cancel or reduce are all decided by the board of directors. Independent directors do not work in the company, but are fixed in an independent company. They have no business contact with the company's senior management and can make independent judgments on company affairs. 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 an honest and diligent obligation to listed companies and all shareholders. Are independent directors paid? The remuneration of independent directors is not clearly defined. Judging from the practice of existing listed companies, the gap is very large, from the high point of1million yuan to the low point of less than 5,000 yuan, even only 1300 yuan. This paper makes an empirical study on 1282 1 sample of China A-share listed companies in 2005-2006. The results show that the two are "consistent" in the same industry and geographical location within a certain range. In other words, they are geographically aligned with medium-distance, same industry or related industries or medium-sized companies. In fact, it mainly depends on the market situation.

Legal basis: Article 146 of the Company Law of People's Republic of China (PRC) shall not be a director of a joint stock limited company under any of the following circumstances:

(1) Persons without or with limited capacity for civil conduct;

(2) Being sentenced to punishment for committing crimes of corruption, bribery, embezzlement of property, misappropriation of property and disrupting the order of the socialist market economy, and the execution period is less than five years, or being deprived of political rights for committing crimes, and the execution period is less than five years;

(3) It has not been more than 3 years since the date of bankruptcy and liquidation of the company or enterprise, who has served as a director, factory director or manager and is personally responsible for the bankruptcy of the company or enterprise;

(4) Being the legal representative of a company or enterprise whose business license has been revoked and ordered to close due to violation of law, and having personal responsibility, it has not been more than three years since the date when the business license of the company or enterprise was revoked;

(five) a large amount of debt owed by an individual has not been paid off due.