Examples of using Governance code in English and their translations into German
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Declaration regarding the German Corporate Governance Code pursuant to Section 161 of the German Stock Corporation Act.
If yes,please give examples of what rules and recommendations a European corporate governance code should contain.
For Krones, the German Corporate Governance Code is an integral part of governance. .
As a corporation with a stock market listing both in Germany and in the United States, we are required to adhere to the German Stock Corporation Act andthe German Corporate Governance Code on the one hand.
The Dutch Corporate Governance Code(‘the Code') only applies to organisations whose shares are listed on a regulated market.
People also translate
The phrasing in SEO Report no.2012-92(Het Nederlandse stelsel van corporate governance code en monitoring) is misleading.
Under clause 5.3.3, the german Corporate governance Code recommends that the supervisory board shall establish a nomination Committee.
Nevertheless it might not be wise to recommend to theEuropean Commission to create a European corporate governance code, at least not at the present stage.
The Austrian Corporate Governance Code comprises the following three categories of rules:• L- Rules(Legal Requirement): refer to mandatory legal requirements.
The Management Board andthe Supervisory Board of voestalpine AG recognized the Austrian Corporate Governance Code in 2003 and have also implemented all the amendments introduced since that date.
Need for a European corporate governance code or co-ordination of national codes in order to stimulate development of best practice and convergence.
The supervisory board shall conduct its business in accordance with the laws, the articles of association,the German Corporate Governance Code, to the extent that the supervisory board has resolved to comply with it and these Rules of Procedure.
A new corporate governance code has been adopted by the Slovenian Sovereign Holding in December 2014 and in January 2015 a compliance officer was appointed.
Question 11:a Is there a need for a voluntary European corporate governance code in addition to or instead of the various national corporate governance codes? .
The German Corporate Governance Code is only directly applicable to listed companies and those with access to capital markets within the meaning of section 161, paragraph 1, sentence 2 of the German Stock Corporation Act Aktiengesetz.
The Supervisory Board performs this activity in accordance with the law, the articles of association of Jungheinrich AG, the rules of procedure for the Supervisory Board and the Board of Management,the German Corporate Governance Code, and any resolutions by the Supervisory Board and the annual general meeting.
The Public Corporate Governance Code of the Federal Government(B-PCGK) is a self-binding act of the Federal Government and at the same time forms the legal framework for the management and monitoring of companies of the Federal Government.
It conducts business in accordance with statutory regulations, the articles of association of Jungheinrich AG, the rules of procedure for the Board of Management, the resolutions of the Supervisory Board and the annual general meeting,the German Corporate Governance Code as well as in accordance with its contracts of employment.
Moreover, the state of North Rhine-Westphaliadecided to develop a dedicated Public Corporate Governance Code for public-law enterprises and for investments held by the government, which was adopted by the North Rhine-Westphalian government on March 19.
In addition to observing legislation, the Articles of Association and the principles as explained herein, the General Partner's Management Board conducts the business activities of the Company in accordance with the applicable rules of procedure within the meaning of the German Stock Corporation Act andthe German Corporate Governance Code.
The corporate governance of AdLINK InternetMedia is based on the German Corporate Governance Code, which the Government Commission set up by the Federal Justice Minister in September 2001 published for the first time on February 26, 2002.
The German Corporate Governance Code contains the recommendation that the Supervisory Board should state specific objectives for its composition that, depending on the specific situation of the company, take account of the international operations of the company, potential conflicts of interest, the number of independent Supervisory Board members, a possible age limit for Supervisory Board members, and diversity.
In addition, since 2009 we regularly issue acompliance declaration related to the Hamburg Corporate Governance Code, and have set ourselves the goal of further developing the principles and activities of our company based on integrity, fairness and ethical standards.
The German Corporate Governance Code lays out the material statutory requirements for managing and supervising listed German companies and contains recommendations and suggestions for good and responsible corporate governance based on nationally and internationally recognized standards.
In our corporate governance we act strictly in accordance with the legal requirements, the statute of ADLER Real Estate AGand the German Corporate Governance Code(DCGK), with which we comply, with the exceptions stated in our Declaration of Compliance from January 2017.
The German Corporate Governance Code(the"Code") sets out substantive statutory regulations for the management and supervision of German listed companies(corporate governance) and includes internationally and nationally recognised standards for good and responsible corporate governance. .
Stock Corporation Act("AktG"), Rheinmetall AG's Executive and Supervisory Boards have issued the followingdecla ration of conformity under the German Corporate Governance Code:"Rheinmetall AG has adopted the recommendations of the German Corpo rate Governance Code as published in the digital Federal Gazette, subject to the following.
The German Corporate Governance Code recommends that the benefits granted plus fringe benefits, the maximum and minimum attainable remuneration for variable remuneration components as well as the fixed remuneration, short-term and long-term variable remuneration received, together with the benefit expenses for occupational pensions and other maintenance benefits, be presented in the Remuneration Report for every Board of Management member, and that template specimen tables be used for this information.
Given the new definition of the term"independent" in the German Corporate Governance Code and the fact that HUGO BOSS AG is a majority-owned company, the Supervisory Board considers this number and therefore the number of two shareholder representatives as independent members to be appropriate.
Corporate, capital market and codetermination legislation,the bylaws and the German Corporate Governance Code in accordance with internationally recognized standards form the basis of the organization of management and supervision within the Company, with the aim of making the structures of listed companies transparent, thus strengthening trust in the Company and cementing this trust on a long-term basis.