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Chinese Independent Director Mechanism Under The Changing Macro Political-Economic Settings: Review Of Its First Decade And Two Possible Models For The Future, Chien-Chung Lin

Chien-Chung Lin

This article discusses the experiment of the independent director mechanism in Chinese corporate law since 2001. Accompanied by the introduction of the independent director mechanism, the macro political-economic environments have faced a dramatic change. In this article, I first discuss the introduction and its design.Then I analyze the background and structural changes in the landscape of corporate governance in China and how these changes respond to the independent director mechanism. Last, an account of the possible future development of the independent director mechanism in China is provided to discuss the limit of corporate governance design.