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German Corporate Governance in International and European Context

  • Textbook
  • © 2012

Overview

  • Understanding the German corporate governance model in International and European context

  • One of the most comprehensive works in English available on the German corporate governance model

  • Provides readers with an overview of the unique features of German business and enterprise law

  • New chapter on compliance of corporate governance laws, rules, standards and guidelines in Germany

  • Includes supplementary material: sn.pub/extras

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Table of contents (10 chapters)

Keywords

About this book

Corporate governance encompasses the free enterprise system, which is treated comprehensively in this book from a German perspective. This distinguishes the book from other books written in English in this subject area, not only because of the comprehensive way it covers German corporate law and corporate governance, but also because of the fact that it provides international and European perspectives on these important topics.

This second edition is an extensively revised and updated version of the first edition, in particular with a view to the worldwide debt crisis. The authors provide readers with an overview of the unique features of German business and enterprise law and an in-depth analysis of the organs of governance of German public limited companies (general meeting, management board, supervisory board). In addition, approaches for reforms required at the international level are also suggested and discussed, including, among others, the unique interplay and dynamics of the German two-tier board model with the system of codetermination, referring to the arrangement of employees sitting on the supervisory boards of German public limited companies and private companies employing more than 500 employees; also covered are significant recent legal developments in Europe.

The book highlights the core function of valuation and financial reporting at the international, European and German levels, with accounting as the documentary proof of good corporate governance. It also expands the scope of the first edition by a treatment of the German financial sector, global corporate finance and governance, and by including a new chapter on compliance of corporate governance laws, rules and standards in Germany. As far as comparative law is concerned, new developments in the area of corporate governance in the EU, the OECD Principles of Corporate Governance and corporate governance in the US, the UK and Australia are covered.

The book is addressed to researchers, practitioners and basically anyone with an interest in the complex, but intriguing areas of corporate law and corporate governance.

Reviews

From the reviews of the second edition:

“The targeted audience is twofold: firstly, the book targets managers and directors of companies as well as investors who want to comprehend the German model of corporate governance and its institutional setting … . Secondly, the book targets non-German postgraduate students, academic scholars, and others who, for language reasons, cannot read the vast amount of German literature on the topic … . It provides great insight on German business law literature for non-English readers as well as important decisions of German and European courts.” (Axel Haller, The International Journal of Accounting, September, 2013)

Authors and Affiliations

  • , Geelong Waurn Ponds Campus, Deakin University, Waurn Ponds, VIC, Australia

    Jean J. du Plessis

  • , Faculty of Law, University of Muenster, Muenster, Germany

    Bernhard Großfeld, Matthias Casper

  • , Chair of International Business Law, Catholic University of Eichstaett-Ingols, Ingoldstadt, Germany

    Claus Luttermann

  • , Institute for International Economic Law, University of Muenster, Muenster, Germany

    Ingo Saenger, Otto Sandrock

About the authors

Professor Dr. Jean J. du Plessis, Deakin University, Geelong Victoria, Australia Professor Dr. Bernhard Großfeld, Muenster, Germany Professor Dr. Claus Luttermann, Catholic University of Eichstaett-Ingolstadt, Ingolstadt, Germany Professor Dr. Ingo Saenger, University of Muenster, Muenster, Germany Professor Dr. Otto Sandrock, Muenster, Germany

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