Gathered on June 14, 2007, the governmental commission on good governance adopted several measures, including the limitation of executives' retirement benefits, the appointment modalities for the supervisory board's members, or the code's extension to European companies (EC). (Ref. 070570)
Having decided for the year 2007 to dedicate its work to the strengthening of the transparency of the mechanisms and structures of companies’ management, the governmental commission on corporate governance in Germany (Cromme-Kommission) decided, on June 14, 2007, to amend the German corporate government code (Deutscher Corporate Governance Kodex,) an un-binding good governance code. These changes will follow the decades which opened on the amount of retirement compensation received by certain c
…Do you have information to share with us?