The Conceptual Orientation of Developing the Internal Supervisory Mechanism of Company——Based on the Perspective of Comparative Law
In order to promote high-quality economic development,China's latest"Company Law"was amended and passed on December 29,2023.According to the amended"Company Law",the board of supervisors or its members of the company are no longer the necessary internal institutions of the company,which marks a shift from the mandatory model to the selective system for the construction of internal supervision mechanism of company.Based on the comparative law perspective of investigating and analyzing traditional models and innovative practices of internal supervision mechanisms of companies,China should strive to promote the institutionalization of internal supervision mechanisms in companies by promoting innovation and service-oriented behavior,adhering to the concept of"service"as a guide in the new era.
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