独立董事、战略审计与公司绩效

关于独立董事与公司绩效呈现弱相关关系的一个假说性解释是:独立董事对于作为关键绩效驱动因素的公司战略管理过程参与不足。独立董事积极参与公司战略管理的功能定位是战略监督与评价,而战略审计作为正式的战略监督与评价程序,是独立董事深入公司战略管理过程以提高其绩效贡献的有效途径。本文认为,在我国推行独立董事战略审计制度,必须解决独立董事人数与比例、审计委员会设置、独立董事来源与结构以及激励与权益保护等相关问题。

Independent Directors Strategic Audit and Corporate Performance

A hypothetical explanation for the weak correlation between independent directors and corporate performance is the shortage of independent directors' influence on the strategic management process, which is the key driver of corporate performance. The functional role for independent directors in the strategic management process is strategy monitoring and assessing. As a set of formal strategy monitoring and assessing procedures, strategic audit is an effective tool for independent directors in increasing their contribution to corporate performance. In order to implement strategic audit mechanism in China, we must solve the problems concerning independent directors' number and proportion, the establishment of audit committee, independent directors' source and structure and their incentive system and rights protection.