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《Journal of North China University of Technology》 2004-04
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Perfection of Board of Supervisors System in Stock Companies

Tian Xinmiao (Inst. of Economic Law, North China Univ. of Tech., 100041, Beijing, China)  
Board of supervisors system is a special function in the stock company, which plays a very important role in the operation of the company. There are some correlative stipulations in China's current Company Law. However, there are cases in which some in-company directors and managers exploit the benefit of the company, dormant partners or other related ones without being discovered and halted in advance by the incompetent board of supervisors. Therefore, it is necessary to fully recognize the theoretical background of the establishment of the board of supervisors system and its function. On this basis, maintaining an adequate relationship between the board of supervisors system and that of independent board of directors, improving related items in the present Company Law to strengthen and facilitate the board of supervisors to exercise its function properly and competently is a must.
【CateGory Index】: F279.21
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