Schach

The power of investors: Why stronger supervisory boards would be the bitter pill for Paul Singer & Co

Dear readers of the GermanBoardNews, this week, the 123-page draft of a law to strengthen financial market integrity (Financial Market Integrity Strengthening Act – FISG) was published. Already the view of the objective (“… Recent events have shown that especially the balance sheet control must be strengthened and the audit of annual accounts must be further regulated…”): With this law, the Federal Ministry of Finance and the Federal Ministry of …

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Terminal

Top vs. flop: BER & Bahn – A proposal for disaster prevention

With a delay of nine years, the Berlin airport opens BER. In order to prevent a repetition of this, politicians must define new public governance standards – and in doing so, orient themselves to Lufthansa. We can hardly believe it, but on Saturday it should actually happen: The first planes are landing at Berlin-Brandenburg Airport – a mere 14 years after construction began and almost nine years later than planned. …

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Zeitung

Recommended for reading: The current press review of the GBN editorial office

“Aston Martin, one fifth Swabian Daimler and its subsidiary Mercedes-Benz are joining the struggling British luxury car manufacturer Aston Martin Lagonda. Click here for the article ‘After plummeting share price: Supervisory Board Chairman Plattner buys SAP shares for a quarter of a billion Besides Hasso Plattner, CEO Christian Klein also uses this opportunity for acquisitions. Click here for the article ‘Transparency works differently’ Deutsche Bank has shifted losses from investment …

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BVB

Supervisory board member of the week: Judith Dommermuth (BVB)

After ten years, it is over: the former SPD candidate for chancellor, Peer Steinbrück, will not stand for election at the general meeting on November 19. His mandate on the Supervisory Board of Borussia Dortmund will probably be taken over by the entrepreneur Judith Dommermuth: According to the agenda, the board members propose to elect the 44-year-old as controller. Judith Dommermuth’s main occupation is founder and managing director of the …

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Paragraf

Holding decision-makers accountable without stifling them – a proposal for a new paragraph in the Stock Corporation Act

Dear readers of the GermanBoardNews, while we eagerly await the initial results of the Bundestag investigative committee in the Wirecard case and the new DAX rules of Deutsche Börse, the first political reforms are beginning to emerge. However, it would certainly not have been enough if the main lesson to be learned from the Wirecard case were to strengthen BaFin. After all, it is well known that there are “bad …

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Verantwortungseigentum

Karl Marx, Michael Otto and the “ownership of responsibility

The initiative for a new legal form meets with resistance – because of an unfortunate choice of name and biting reflexes. At its core, it is about optimal conditions for good corporate governance. If Karl Marx had still experienced this: Capital is struggling to be allowed to expropriate itself. Because the “GmbH in Verantwortungseigentum”, which wants to establish an entrepreneurial and expert initiative as a new legal form, is supposed …

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Werner Conrad

Supervisory Board of the week: Werner Conrad (Conrad Electronics)

A thoroughbred entrepreneur ends his career in the operative business: Werner Conrad (59) takes over as Chairman of the Board of Directors on January 1. His successor as “Managing Director” of Conrad Electronics SE will be the current Chief Sales Officer Ralf Bühler. The company is “operationally well positioned” and has a “clear strategy”, commented Werner Conrad. “This is exactly the right time to hand over the baton.” However, the …

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Presseschau

Recommended for reading: The current press review of the GBN editorial office

“The privatization mania and its consequences It is 25 years since the German Federal Post Office was privatised. A status report. Here you can read the article “After Stadler, it’s Winterkorn’s turn Proceedings against former VW boss Martin Winterkorn have been concretized. Here you can read the article New Chairman of the Supervisory Board for Fresenius – Contract of CEO Sturm extended’ Gerd Krick resigns from his post in May …

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