The deutscher corporate governance kodex german corporate governance code presents essential statutory regulations for the management and supervision of german listed companies and contains, in the form of recommendations and suggestions, internationally and nationally acknowledged standards for good and responsible corporate governance. Regierungskommission deutscher corporate governance kodex gem. Corporate governance code and report to shareholders on how they have done so. The icgn is a body which represents corporate governance professionals of the world, particularly those working within global investment institutions. Only after the act for implementing the second eu shareholder rights directive arug ii enters into force will the new code be handed in for publication at the federal ministry. Companies can deviate from them, but are then obliged to disclose this annually and to justify the deviations comply or explain. The commission, regierungskommission deutscher corporate governance kodex, is a commission introduced by the german federal minister of justice in september 2001. Comments should be provided on the suggestions made in the code. Regierungskommission deutscher corporate governance kodex 2006 deutscher corporate governance kodex. Regierungskommission deutscher corporate governance kodex re. This enables companies to reflect sector and enterprisespecific requirements. Corporate governance at infineon encompasses not only the german corporate governance code deutscher corporate governance kodex dcgk.
The german corporate governance code and our own voting guidelines are applicable to the boards of directors of public listed companies. Free deutscher corporate governance kodex frankfurter. The deutscher corporate governance kodex, the german corporate governance code the code, consists of three elements. Corporate governance report pursuant to the recommendation of section 3. Regierungskommission deutscher corporate governance. The german corporate governance code the code contains principles, recommendations and suggestions for the management board and the supervisory board that are intended to ensure that the company is managed in its best interests. Glass lewis is an independent corporate governance firm, providing proxy voting research, analysis and recommendations to a global client base of institutional investors. Blackrock supports a regulatory regime that increases transparency, protects investors, and.
Governance corporate governance report, and shall publish this report in connection with the corporate governance statement. Glass lewis appreciates the opportunity to comment. Deutscher corporate governance kodex the german corporate governance code, hereafter the code, issued by regierungskommission deutscher corporate governance kodex hereafter the commission, on 2nd november 2016. Corporate governance investor relations siemens global. Both the code and our own guidelines continue to evolve in a way that reflects developing governance practices and investor expectations. Deutscher corporate governance kodex deloitte legal. Beyenbach, johannes and rapp, marc steffen and strenger, christian and wolff, michael, kodexakzeptanz 2019.
The corporation shall keep previous declarations of conformity with the code available on its website for a period of five years. Deutschercorporategovernancekodex deutsche post dhl. The management board, the supervisory board and management ensure that corporate governance is actively implemented and continuously developed throughout the entity. Analysis of the declarations of conformity with the german corporate governance code april 20, 2019. Corporate governance is understood as the legal and factual regulatory framework for the management and supervision of an enterprise. At first it describes legal regulations for management and supervision of german listed companies corporate governance, which are mainly referring to the aktiengesetz german stock corporation act. The deutscher corporate governance kodex german corporate governance code presents essential statutory regulations for the. A very brief introduction to corporate governance in germany. Februar 2017, be anntgemacht im amtlichen teil des bundesanzeigers am 24.
The german government commission of the german corporate governance code regierungskommission deutschercorporate governance kodex established by the german federal ministry of justice in september 2001, approved the german corporate governance code on 26 february 2002 the code, and most recently adopted various amendments tothe code. Einrichtung eines compliance management systems cms. Deutscher corporate governance kodex sachverzeichnis. Code dcgk englisch deutscher corporate governance kodex. Satz, des deutschen corporate governance kodex verzichtet. Juni2014 2 empfehlungendes kodex sindimtextdurchdieverwendungdeswortessollgekennx. The german corporate governance code the code contains principles, recommendations and suggestions for the management board and the supervisory board that are intended to ensure that the company is managed in its best. German corporate governance code 2 the recommendations of the code are marked in the text by use of the word shall. Historischen kommission zu berlin, band 99 pdf online. Regierungskommission deutscher corporate governance kodex c.
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