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自20世纪80年代以来,公司治理问题越来越受到各国关注,有关的研究更是浩如烟海。北卡罗莱纳大学的安尼尔·史弗达萨尼和花旗集团的马克·泽内尔分析了这二十年来有关公司治理各种议题的大量研究报告,发现了一些你可能从未认真考量过的有关董事会的问题,了解这些问题的最新进展,也许将帮助你找到一个可长期为股东创造价值的治理结构。焦点主要集中在以下方面:·董事会应包含多少名内部董事、独立董事和非独立外部董事才合适?·哪些人具备担任独立董事的资格?·什么样的董事会下属委员会架构是合适的?·公司应当设法招纳什么样的董事,应当采取什么方式向其支付报酬?.对高层管理人员和董事实行什么样的报酬政策,才能为股东创造最大的价值?·各种反收购举措会产生什么影响?尽管在全球范围内,公司治理存在着很大的差异,但这些研究结论对于将公司治理作为现阶段重点的中国企业具有现实的借鉴意义。
Since the 1980s, the issue of corporate governance has drawn more and more attention from all over the world, and the relevant research is even more magnanimous. Anil Sfodatani of the University of North Carolina and Mark Zenell of Citigroup analyzed a large number of studies on various topics of corporate governance over the past two decades and found that you may have never seriously considered Past questions about the board of directors and understanding of the latest developments on these issues may help you find a governance structure that will create value for shareholders over the long term. The main focus is on: • What number of internal directors, independent directors and non-independent external directors should be included in the board of directors? • Who can qualify as independent directors? • What kind of board committees is appropriate? • Companies What kind of boarding should be managed and what should be done to pay them? What kind of compensation policies should be applied to senior management and directors to create maximum value for shareholders? What impact will various anti-takeover initiatives have? Although there are great differences in corporate governance around the world, the findings of these studies have realistic implications for Chinese enterprises that focus on corporate governance as the current stage.