一、影响独立董事制度发挥其独特制度优势的原因笔者认为根源在于独立董事制度运行的制度环境存在设计上的重大缺陷,关键是现有公司治理结构、法律法规约束和独董制度安排妨碍了独立董事制度正常运作。1.以股权分置和分裂为基础的公司治理结构压制了独立董事制度优势。独立董事 First, the reasons that affect the independent director system to play its unique institutional advantages The author believes that the root cause is the existence of major design defects in the institutional environment for the operation of the independent director system. The key is that the existing corporate governance structure, laws and regulations and independent director system arrangements hinder the independence The director system operates normally. 1. The corporate governance structure based on equity splitting and splitting suppresses the advantages of the independent director system. Independent Director