The Empirical Analysis of Financial Supervission Efficiency of Supervisory Board in Listed Companies

The function of supervisory board is mainly embodied as to supervise the quality of financial reports.Basing on the samples of listed companies punished by regulatory departments,this paper analyzed the relation between the characteristics of supervisory board and financial reports defraud in statistics, and then made a conclusion that we should insist on current coexistent model of board of directors and supervisory board.At the same time,the efficiency of supervisory board should be improved from three aspects: responsibilities,laws and independent supervisors.