The Study Of Independent Drectors System Of Securities Investment Fund Management Company

In order to protect the interest of securities investment fund holders and other interest stakeholders, and to promote the sound development of capital market in China, the thesis gives a systematic probe into the independent directors system, which is the core of governance structure of securities investment fund management company. As for research methods, three combinations are mainly used is the thesis: the combination of normal research and experimental research, the combination of core research and common research, and the combination of vertical comparison research and horizontal comparison research.On the basis of studying the theories and practices at home and abroad, the thesis put forward some measures so as to improve the independent directors system of securities investment fund management company in China. Firstly, the structure of independent directors system, which includes quantitative structure, proportional structure, age structure, academic structure, title structure and professional structure should be improved. Secondly, the operational mechanism of independent directors system, which includes function mechanism, appointment and office removing mechanism, rights and liabilities mechanism, incentive mechanism, and restriction mechanism should be improved. And thirdly, the operational environment of independent directors system, which includes both internal environment and external environment should be improved.Some innovations are put forward in the thesis, such as independent directors of fund management company should mainly stand by the interest of not equityholders but fundholders, complementarity should be done between the independent directors system and the supervisory system, etc. Of course, there are also some defects in the thesis, for example, the span of data is not too long to ensure the precision of conclusions.