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Corporate Governance – portrayed in the individual cultural and legal framework, from the standpoint of equity capital.
VIPsight is a dynamic photo archive, sorted by nations and dates, by and for those interested in CG from all over the world.
VIPsight offers, every month:
transparent and independent current information / comments / facts and figures on corporate governance locally and internationally,
- written by local CG experts,
- selected and structured by the Club of Florence,
- financed by its initiator VIP and other sponsors with a background of “Equity and Advisory” interests.
VIPsight - April 2012
Buhlmann's Corner
A Banana Republic, and box-ticking
 If a Banana Republic is one where the length and curvature of the banana are legally regulated and prescribed, but on the other hand the rules apply only for those who are not plantation owners, then Germany is clearly a banana republic when it comes to corporate governance. Although the Code, Company Law and the Law on the Appropriateness of Executive Compensation, and even the charter, contain clear, simple and metrical rules for good behaviour, and there are also transparent-seeming decision-making and open criticism, the criteria do not seem to be relevant for the Piëch family business called "Volkswagen AG". more
AGM Dates
| Company |
Date |
Event |
Place |
Address |
Start |
Published on |
| DAX |
| BMW |
16/05/2012 |
ord. AGM |
80809 München |
Coubertinplatz, in der Olympiahalle im Olympiapark |
10:00 |
28/03/2012 |
| The Agenda for the ordinary AGM of Bayerische Motoren Werke AG starts with the usual items, like presentation of annual accounts and discharge to the company bodies. Bayerische Motoren Werke AG earned balance-sheet profits of €1.507.93m last business year. The profits are to be fully paid out as dividend. Approval of the system of executive remuneration is to be decided. |
more
Director's Dealings
| Company |
Person |
Function |
Buying/ Selling |
Total value in Euros |
Number of shares |
Date |
| adidas |
Christian Tourres |
SB |
S |
2.962.320 |
49.372 |
15.03.2012 |
| Brenntag |
Dr. Andreas Rittstieg |
SB |
B |
40.070 |
452 |
26.03.2012 |
| Deutsche Telekom |
Dr. Manfred Wilhelm Balz |
AB |
B |
81.396 |
9.000 |
21.03.2012 |
| ElringKlinger |
Theo Becker |
AB |
B |
67.375 |
3.000 |
12.03.2012 |
more
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