Study on the governance innovation of supervisory board - Empirical analysis based on Chinese listed companies

Governing of supervisory board is an important part of company governance. The problem of governance supervisory board has become a hot spot for research on domestic company governance in recent year. On the basis of study of domestic and overseas scholars, this paper chose empirical analysis method and relational statistics from annual report of year 2003 of a share listed companies' supervisory board in Shenzhen Stock Exchange, primary analyzing actual size, salary stimulation, and proportion of exterior supervisors of supervisory board in Chinese listed companies. We presented some suggestions and opinions for effective governance Chinese supervisory board. We draw the conclusion: (1)Enlarging size of supervisory board properly; (2)Work performance of supervisors should be regarded as a directive factor for their salary promoting: (3)Improving the proportion of exterior supervisors to Supervisory board appropriate.