Turbulent annual general meetings, the new shareholder rights directive and the code reform – more corporate governance was rare. A view.

Corporate Governance

The AGM season is picking up speed, and after Easter it will be really exciting: Bayer is set to hold a particularly turbulent Annual General Meeting on April 26, followed by further exciting shareholder meetings at high speed – for example at RWE, Bilfinger, Volkswagen, BMW, Daimler and Deutsche Bank.

At the same time, two reforms are making progress: the new Shareholders’ Rights Directive (ARUG II) must be implemented in German law by June 10, and the new German Corporate Governance Code is also entering the home straight.

At the end of last week, Rolf Nonnenmacher, Chairman of the Commission, let the following be known about Twitter: “In the event that the discussions on ARUG II take even longer, the Commission is considering…

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