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issue 12/2011WWW.ICGG.BIZinsight corporate governancegermanyEssential: Information, Analysis and Opinion for Investment Professionals, Advisers and AcademicsCONTENTS 02COMPANIES KfW is EADS shareholder16CAPITAL
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Understand the legal framework governing corporate governance in Germany, including the German Stock Corporation Act (AktG).
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Corporate governance in Germany refers to the system by which companies are directed and controlled, focusing on the relationships between management, board of directors, shareholders, and other stakeholders.
Companies that are publicly listed or have certain legal forms, typically Aktiengesellschaft (AG) or Gesellschaft mit beschränkter Haftung (GmbH), are required to file corporate governance reports.
Filling out corporate governance reports in Germany involves following specific guidelines set by the German Corporate Governance Code, detailing company practices related to administration, accountability, and stakeholder engagement.
The purpose of corporate governance in Germany is to ensure accountability, transparency, and efficiency in managing companies, protecting the interests of shareholders and other stakeholders.
Companies must report information regarding their governance practices, compliance with the German Corporate Governance Code, risk management policies, and details about board composition and responsibilities.
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