Title German corporate governance in international and European context / Jean J. du Plessis [and five others]

Edition 3rd ed Published Berlin, Germany : Springer, [2017]

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Description 1 online resource Contents Preface -- Table of Cases -- Australia -- Austria -- European Commission -- European Court of Justice -- Germany -- United Kingdom -- United States of America -- Table of Statutes -- Australia -- European Union -- Germany -- Hungary -- Netherlands -- United Kingdom -- United States of America -- International Instruments -- Contents -- About the Authors -- Abbreviations -- Chapter 1: An Overview of German Business or Enterprise Law and the One-Tier and Two-Tier Board Systems Contrasted -- 1.1 Introduction -- 1.2 General Characteristics 1.3 Various Types of Business Organisations1.4 Contrasting the One-Tier and Two-Tier Board Systems -- 1.5 Delineation -- References -- Chapter 2: An Overview of the Corporate Governance Debate in Germany -- 2.1 Introduction -- 2.2 History and Significance of the German ̀Corporate Governance ́Debate -- 2.3 Focus on the Supervisory Board -- 2.4 Important Role of Supervisory Boards and Recommendations for Improvement -- 2.5 Initial Reaction -- 2.6 The German Corporate Governance Code -- 2.6.1 Overview -- 2.6.2 Section 161 of the AktG 2.6.3 Basic Changes to the Code Since 20022.6.4 Parts and Layout -- 2.6.5 Some Noteworthy Provisions of the Code -- 2.6.6 The Legal Nature of the Code -- 2.7 Need for a European Corporate Governance Code -- 2.8 The Global Financial Crisis and Corporate Governance in Germany -- 2.9 Concluding Remarks -- References -- Chapter 3: The General Meeting and the Management Board as Company Organs -- 3.1 Introduction -- 3.2 The General Meeting -- 3.2.1 Function as a Corporate Organ -- 3.2.2 Some Specific Functions -- 3.2.3 Emergence of Shareholder Activism in Germany 3.2.4 Shareholders ́Lawsuit3.2.4.1 Stage One and Stage Two Procedures -- 3.2.4.2 Overview of Shortcomings and Recent Reform Proposals -- 3.3 The Management Board -- 3.3.1 Function as a Corporate Organ -- 3.3.2 Qualifications, Appointment, Removal and Compensation of Members -- 3.3.2.1 Qualifications -- 3.3.2.2 Appointment of Management Board Members -- 3.3.2.3 Management Board Under Codetermination -- 3.3.2.4 Removal of Management Board Members -- 3.3.2.5 Compensation of Management Board Members -- 3.3.3 Rights, Powers and Responsibilities -- 3.3.3.1 Generally 3.3.3.2 Limits to the Powers of Management Board3.3.3.2.1 Overview -- 3.3.3.2.2 Limitations Vis-à -Vis Supervisory Board -- 3.3.3.3 Limitations Vis-à -Vis Supervisory Board: The HolzmÃơller Doctrine -- 3.3.4 Duties and Forms of Liability -- 3.3.4.1 Breach of Duties -- 3.3.4.2 Protection Against Liability: Section 76(1) AktG and the German Business Judgment Rule (Section 93(1)2 AktG) -- 3.3.4.3 Matters Related to the Breach of the Statutory Duties -- 3.3.4.4 Perspectives on Liability in the Past and Future Liability of Management Board Members -- 3.4 Concluding Remarks Summary Standing out from the field due to its comprehensive coverage of German corporate law and governance, this updated and expanded second edition features a new chapter on compliance as well as exploring wider international perspectives on these vital issues Bibliography Includes bibliographical references and index Subject Corporate governance -- Germany Corporate governance -- Law and legislation -- Germany BUSINESS & ECONOMICS -- Industrial Management. BUSINESS & ECONOMICS -- Management. BUSINESS & ECONOMICS -- Management Science. BUSINESS & ECONOMICS -- Organizational Behavior. Corporate governance Corporate governance -- Law and legislation Germany. Limited liability companies. Corporate governance. Company law. Comparative law. Germany Form Electronic book Author Du Plessis, J. J ISBN 9783662541982 366254198X

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