Dear readers of GermanBoardNews,
Following the corporate governance scandals of recent weeks, supervisory boards and in particular the chairmen of executive bodies have increasingly come under fire, and there has even been talk of a “clone cartel”. However, despite their willingness to reflect on themselves, it should be pointed out that in many cases supervisory board chairmen are driven because major shareholders and aggressive financial investors exert pressure – and put their own interests before the company’s well-being.
We must therefore consider how we can limit the influence of short-term investors without undermining shareholder rights or co-determination. In this context, I would particularly like to recommend our “Flop of the Week” to you, but also wish you stimulating reading beyond that.
With best regardsYourPeter
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