公司治理法律与实践（2024版）之中国篇（英）.pdf

CHAMBERSGLOBALPRACTICEGUIDES

Corporate

Governance2024

Definitivegloballawguidesoffering

comparativeanalysisfromtop-ranked

lawyers

China:LawPractice

KevinWang

GlobalLawOffice

CHINA

LawandPractice

Contributedby:

KevinWang

GlobalLawOffice

Contents

1.Introductoryp.5

1.1FormsofCorporate/BusinessOrganisationsp.5

1.2SourcesofCorporateGovernanceRequirementsp.5

1.3CorporateGovernanceRequirementsforCompaniesWithPubliclyTradedSharesp.5

2.CorporateGovernanceContextp.6

2.1HotTopicsinCorporateGovernancep.6

2.2Environmental,SocialandGovernance(ESG)Considerationsp.6

3.ManagementoftheCompanyp.7

3.1BodiesorFunctionsInvolvedinGovernanceandManagementp.7

3.2DecisionsMadebyParticularBodiesp.7

3.3Decision-MakingProcessesp.10

4.DirectorsandOfficersp.10

4.1BoardStructurep.10

4.2RolesofBoardMembersp.11

4.3BoardCompositionRequirements/Recommendationsp.11

4.4 Appointment and Removal of Directors/Officers p.12

4.5Rules/RequirementsConcerningIndependenceofDirectorsp.12

4.6 Legal Duties of Directors/Officers p.13

4.7Responsibility/AccountabilityofDirectorsp.13

4.8ConsequencesandEnforcementofBreachofDirectors’Dutiesp.14

4.9 Other Bases for Claims/Enforcement Against Directors/Officers p.15

4.10 Approvals and Restrictions Concerning Payments to Directors/Officers p.16

4.11 Disclosure of Payments to Directors/Officers p.17

5.Shareholdersp.17

5.1RelationshipBetweenCompaniesandShareholdersp.17

5.2RoleofShareholdersinCompanyManagementp.18

5.3ShareholderMeetingsp.18

5.4ShareholderClaimsp.19

5.5DisclosurebyShareholdersinPubliclyTradedCompaniesp.19

2CHAMBERS.COM

CHINACONTENTS

6.CorporateReportingandOtherDisclosuresp.20

6.1FinancialReportingp.20

6.2DisclosureofCorporateGovernanceArrangementsp.20

6.3CompaniesRegistryFilingsp.21

7.Audit,Ris