Responsibility without power?

摘要

1.There are great imbalances between the responsibilities, powers and rights of board secretaries in mainland China 2.board secretaries are held liable for any failures in information disclosure and compliance while in most other jurisdictions responsibility for these areas are ultimately the responsibility of the board 3.the 'board secretary' name should be changed in the company law and securities law to 'board secretary-general;, 'corporate governance director' or 'compliance director'.