Table A1

The first example of independent directors’ status measurement

Code: 000008; Year: 2015
NameDutyRankStatusRank2Regression residual εStatus2
Wang ZhiquanChairman of the Board1 10/10  
Lai WeiqiangDirector、General Manager2 9/10  
Bai BinDirector3 8/10  
Zhang WeihuaIndependent Director40.5 = [(1–4/10)+(1–5/10)+(1–6/10)]/37/100.13891490.0474365 = (0.1389149+0.044543−0.0411503)/3
Zhu ZuqiangIndependent Director56/100.044543
Yi TingbinIndependent Director65/10−0.0411503
Zhong YanVice General Manager7 4/10  
Yang JianChairman of Supervisors8 3/10  
Li YimingSupervisor9 2/10  
Gao HuiSupervisor10 1/10  

Source(s): Table by authors

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