This book provides a comprehensive overview of the German corporate governance model to English speaking readers. It provides an introduction to the unique features of German Business and Enterprise Law. The book deals with the most important company organs, namely the General Meeting, the Management Board and the Supervisory Board. It also covers the unique interplay among these organs and details the particular dynamics of the German two-tier board structure. In addition, coverage examines the dominant role of the German banks and new players in the German financial markets, focusing particularly on the voting rights of these institutions at companies' general meetings and appointing members to companies' supervisory boards. The final chapter gives an overview of corporate governance in the European Union, the OECD Principles of Corporate Governance and corporate governance in the US, the UK and Australia.

Inhalt

An Overview of German Business or Enterprise Law.- An Overview of the Corporate Governance Debate in Germany.- The General Meeting and the Management Board as Company Organs.- The Supervisory Board as Company Organ.- The German System of Supervisory Codetermination by Employees.- The Impact of European Developments on German Codetermination.- Accounting as the Documentary Proof of Good Corporate Governance.- The Dominant Role of the German Banks and New Players in the German Financial Sector.- Corporate Governance in the EU, the OECD Principles of Corporate Governance and Corporate Governance in Selected Other Jurisdictions.