
Corporate Governance current Code consultation: Concentrated criticism – also of the “Apply-and-Explain” principle. A compromise proposal.
My memory may be deceiving, but I cannot remember such concentrated resistance to a reform of the German Corporate Governance Code: From companies such as K+S to the German Investor Relations Association (DIRK) to our Association of Supervisory Boards in Germany (VARD), various stakeholders have criticised the Government Commission’s draft; more than 100 comments were received in the consultation process. This shows that the corporate governance debate lives in Germany …
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