What aspects does corporate governance include?

Corporate governance includes employee incentive measures, punishment measures, shareholder decision-making, employment of senior managers, protection of trade secrets and other interactive contents with the company's business development. Corporate governance is a science that lives at the level of enterprise ownership and studies how to empower professional managers and exercise supervisory functions for professional managers to perform their duties.

legal ground

Article 40 of the Company Law of People's Republic of China (PRC)

Where a limited liability company establishes a board of directors, the shareholders' meeting shall be convened by the board of directors and presided over by the chairman; When the chairman is unable to perform his duties or fails to perform his duties, he shall be presided over by the vice chairman; If the vice chairman is unable to perform his duties or fails to perform his duties, more than half of the directors shall elect a director to preside over the meeting.

Where a limited liability company does not have a board of directors, the shareholders' meeting shall be convened and presided over by the executive director.

If the board of directors or the executive director is unable to perform or fails to perform the duties of convening the shareholders' meeting, it shall be convened and presided over by the board of supervisors or the supervisors of the company without the board of supervisors; If the Board of Supervisors or supervisors do not convene and preside over the meeting, shareholders representing more than one tenth of the voting rights may convene and preside over the meeting by themselves.