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Analogous to the UK Corporate Governance Code, which is also a 'comply or explain' law, is the Deutsche Corporate Governance Kodex (AktG §161). It replicates a lot of rules already found in the Aktiengesetz.
The UK Corporate Governance Code, the German Corporate Governance Code (or Deutscher Corporate Governance Kodex) and the Dutch Corporate Governance Code 'Code Tabaksblat' (nl:code-Tabaksblat) use this approach in setting minimum standards for companies in their audit committees, remuneration committees and recommendations for how good companies should divide authority on their boards.
Seibert was the Ministry's 'liaison manager' to the government commission "Deutscher Corporate Governance Kodex" (German CG Code) from its beginning. He also coined the term "legal designer", which refers to a ministry official who designs draft laws.
The aim of the KonTraG is to improve corporate governance in German companies. Several provisions of commercial and company law have been amended by this Act. The KonTraG specifies and expands mainly the provisions of the German Commercial Code and the Stock Corporation Act. KonTraG has extended the liability of the management boards ...
Corporate governance refers to the mechanisms, processes, practices, and relations by which corporations are controlled and operated by their boards of directors, ...
E McGaughey, 'Democracy in America at Work: The History of Labor's Vote in Corporate Governance' (2019) 42 Seattle University Law Review 697 E McGaughey, 'The Codetermination Bargains: The History of German Corporate and Labour Law' (2016) 23(1) Columbia Journal of European Law 135
CORPORATE DISCLOSURE STATEMENT OF NATURAL RESOURCES DEFENSE COUNCIL Pursuant to Rule 26 of the Federal Rules of Civil Procedure and Local Certificate Rule 7.1, the Natural Resources Defense Council (“NRDC”) states that it is a charitable corporation, organized under Section 501(c)(3) of the Internal Revenue Code and under New York State law,
DWS was founded in Hamburg in 1956 as "Deutsche Gesellschaft für Wertpapiersparen mbH" (German Enterprise for Securities Savings), the name was later shortened to DWS, "Die Wertpapier Spezialisten" (The Fund Specialists). Originally, the activities involved products and investment services that were initially offered to investors in Germany ...