Research on the Shareholders Interest Conflicts,Board Composition and Corporate Governance

Corporate governance organization is a system to manage and control the company,with the board of directors as its core.Its goal is to guard the interests and rights of the shareholders and related people through supervising the management on the basis of the separation of firm′s ownership from its management.As the core of cooperate management,the board of directors plays a key role.Its improper composition and lack of necessary supervision and control will,most probably,cause conflict of the shareholder′s interest.Therefore,it is urgent to establish a high-level decision-making management personnel organization including shareholder directors,managers and outside directors,enabling them to participate decision-making activities and to become a real corporate governance body.