Deakin University
Browse

File(s) under permanent embargo

The German two-tier board and the German corporate governance code

journal contribution
posted on 2004-09-01, 00:00 authored by Jean Du PlessisJean Du Plessis
This paper deals with some interesting recent corporate governance developments in Germany. The focus is in particular on the German Corporate Governance Code, its parts, layout and how it deals with the various organs of German public corporations. The German Code is quite unique since it applies a Code of Good Practice to a two-tier board system, thus making it necessary to deal with the role and functions and the relationship between the management and the supervisory board. This paper concludes that several changes to the German law relating to public corporations since the middle of the 1990s and the introduction of the German Code will ensure that the two-tier board system will remain the favoured board structure for public corporations in Germany. It is, however, submitted that employee participation at supervisory board level will provide particular political challenges for Germany in the near future.

History

Journal

European business law review

Volume

15

Issue

5

Pagination

1139 - 1164

Publisher

Graham and Trotman

Location

London, England

ISSN

0959-6941

eISSN

1875-841X

Language

eng

Publication classification

C1 Refereed article in a scholarly journal

Usage metrics

    Research Publications

    Keywords

    Exports

    RefWorks
    BibTeX
    Ref. manager
    Endnote
    DataCite
    NLM
    DC