Research on the Management Responsibility of Directors

Author: Cai Yuanqing
Publisher:
Publish Date: 2006-08-01
Features: In the middle and late 1990s, corporate governance theory received widespread attention from both academia and the practical field in China. Although there is no unified consensus in academia on the concept and theoretical system of corporate governance, a sound system of responsibility for corporate managers and accountability mechanisms has been recognized as an important component in improving corporate governance in China. The research framework of this book mainly consists of the following aspects: the operational responsibility and business judgment principle of directors, the pursuit of directors' operational responsibilities and shareholder representative lawsuits, the relief system for directors' operational responsibilities, and reflections on improving the operational responsibility of directors in China.