Campus

There are a number of regulatory instruments that the Government Commission on the Code of Corporate Governance would do well to repeal

In the course of the 13th Conference of the Deutscher Corporate Governance Kodex in Berlin, President Manfred Gentz  announced that in future the group of experts would dwell less on developing new recommendations but increasingly focus on analysis and comment of new regulatory initiatives put forward by third parties. Many regulatory proposals, in particular those originating within Europe, have an impact on the future development of corporate governance, on which, however, the Kodexkommission has no say. Since politics was allowed to curtail the freedom of German companies by churning out law after law, executives working for “Deutschland Ltd” have gotten wise. The oft-mentioned law imposing gender equality has not enhanced the German economy. The idea is to work towards countering excessive or downright wrong-headed regulations on corporate governance to prevent them developing negative counter effects. The intention seems to be that of continuing the dialogue with those possessing voting rights.