Recent Developments in the German Corporate Governance System (2010)

The Corporate-Governance-Commission published its German Corporate Governance Code (GCGC) in February 2002. Since then, the ‘standing committee’ now headed by Klaus-Peter Müller, met regularly.

At its plenary session on May 26, 2010, the Commission has finalised the current diversity recommendations for German supervisory boards, which aim to increase the number of women and international representatives on German supervisory boards in a sustained manner.

The latest version of the German Corporate Governance code with highlighted amendments can be found here.