The German Corporate Governance System andthe German “Mitbestimmung” – An Overview

Corporate governance is not universal. Due to external and internalfactors, corporate governance can differ from country to country. In this paper theGerman corporate governance system, the typical example of a two-tier boardsystem, is presented. The major institutions of the German system and theirfunctioning are described and explained. Since Germany has a very sophisticatedsystem of employee participation and ...

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Year of publication:	2004-11-01
Authors:	Schmid, Stefan ; Kretschmer, Katharina
Institutions:	European School of Management and Technology <Berlin u.a.>
Subject:	Corporate Governance \| Aufsichtsrat \| Mitbestimmung \| worker´s participation \| Betriebsrat \| Hauptversammlung \| Vorstand

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The German Corporate Governance System
Introduction
1.2 General Overview of the German Corporate Governance System
1.3 The Three Bodies of the German “Aktiengesellschaft” (StockCorporation)
2 “Mitbestimmung” in the German Corporate Governance System
2.1 Introduction
2.2 General Overview of “Mitbestimmung” in Germany
2.3 Participation and Co-determination at Site Level
2.4 Participation and Co-determination at Firm Level
3 Evaluation and Reforms of the German Corporate Governance System

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