zhu yikun

Law School and Intellectual Property School, ji’nan university

　　bet365 best casino games The Operating Processs of Boards of Directors are Delicate and Complex, So Corporate Legislation Cannot Simply Equate Board Structure Law With Board Gover Law. It is theReface Necess " ITIONS and Grasp the Operating Processs of Chinese Boards with a SOBER Appreciation of the Irrational Elements in Their Operating Mechanisms. Board Governance Has Entered A New Stage of Institutionalization, And the Law Should Shift from ITS EMPHASIS on Structure to Give Equal Attention to Structure and Process in Optimization . In the Construction of Board Operating Mechanisms, We Should Treat Differently "Living Laws" as cusoms, Experiences and Traditions, GIVE FULL PLAY to the Functionality of Boards ’Strategic Choices, And Provide Legal Regulation of Irrational Elements, So as to distinguish between different roles, Develop Consensus, STRONG POINTS and IMPROVE EFFICIENCY. We Should Build Control Over Board Operational Procedures, Improve the System of Functional Alocation, Correct Assessment Mechanisms, develop a mechanism for judicial scrutiny of the affective relationships in society and curb such behavioral tendencies as relational identity, Structural Bias and Group Polarization, With a View to Controlling Such "Living Laws" within the framework of the basic value and principles of Board Governance.

　Keywords:Board Governance,Group Decision-Making,Strategic Choices,Irrational Elements,Legal Regulation