초록 열기/닫기 버튼
Six years have passed since the outside director system was introduced for overcoming the limit that a board of directors was nothing but a self-supervising institution and organization just confirming decisions by CEO or particular ruling stock-holder.A large corporation having assets over two billion won must satisfy two requirements for nominating the outside directors; the absolute quantity of minimum three outside directors and the rate of morethan half of the total directors' number. And there have been many changes for improving clearness, responsibility, efficiency of Korean enterprises through reforming the corporate governance during a short. That changes include compulsory rules for instituting a committee of inspection and nomination committee for outside director etc.The legal regulation of the outside director and a committee of inspection, however, merely lay stress on outward forms such as qualification, number and the limit of application. Or it only lets regulations practiced on the existing inspection applied to a committee of inspection like that. Now is the time for drawing up improvement plans on the analytical and legislative perspectives. And rather than arguing about the outside director system and a committee of inspection system or introducing foreign cases of legislation, focus should be more towards the realistic problems emerging from real management of both systems on analytical and legislature perspectives.This study examined problems raised through the operating process of the outside director system under the existing law, and investigated the legislative issues quickly changed in the henceforth.
키워드열기/닫기 버튼
outside director system, corporate governance, Securities Exchange Law
