Central enterprises set up standard Board of Directors trial scope will expand

Shaoning, deputy director of Sasac, said 16th, will expand the establishment of standardized board pilot enterprise scope, improve corporate governance structure for the central enterprises to achieve sustainable development to provide a solid institutional protection. At the top forum on strengthening enterprise risk Management in 2009, Shaoning said that the board of directors of the 17 pilot companies had basically set up or clarified the specialized committees responsible for risk management. These enterprises initially set up a set of scientific decision-making mechanism to solve the important decision of a person to decide the issue, the internal checks and balances mechanism of the initial formation. More than half of the external directors, so that the enterprise decision-making and executive level, decision-making power and implementation of the basic separation.　　External directors can independently express their opinions on major decisions, make decision-making more scientific, management more effective, risk prevention awareness and internal control capacity greatly enhanced. He pointed out that the impact of the international financial crisis is likely not short-term, the more severe test is still behind, the overall situation is still not optimistic. At the same time, the financial crisis and the impact of the economic downturn, the business activities of the systemic risk is increasing, a variety of long-term potential problems and contradictions, are likely to be the adverse economic situation amplification. The central enterprise must estimate the difficulty sufficiently, unceasingly strengthens the risk management work. Conditional central enterprises continue to take more effective risk prevention measures, actively and timely dynamic monitoring of the various risks in operation, and continue to carry out the preparation of annual comprehensive risk Management report pilot work, and take this as an opportunity to promote the overall risk management work within the enterprise to deepen implementation.