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Amendment to the German Corporate Governance Code - The Cromme Code (June 2005)

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Summary

This German Corporate Governance Code (the "Code") presents essential statutory regulations for the management and supervision (governance) of German listed companies and contains internationally and nationally recognized standards for good and responsible governance. It clarifies the rights of shareholders, who provide the company with the required equity capital and who carry the entrepreneurial risk.

Issuer

Germany

Year

2005

Region

Europe

Issuer (type)

Government Commission (Regierungscommission) (Government)

Instrument type

Code

Disclosure instrument

Yes

Geographical scope

National

Mandatory or voluntary

Mandatory

Text analysis

    • Moderate 0.80%
    • High 0.30%
    • S focus: compensation
    • G focus: financial reporting, internal control, risk management, audit
    • Finance, Management