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Reforming German Corporate Governance: Inside a Law Making Process of a Very New Nature Interview with Professor Dr. Theodor Baums

Published online by Cambridge University Press:  06 March 2019

Theodor Baums

Extract

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Just over a year ago, in the Spring of 2000, a Government Commission entitled \“Corporate Governance - Unternehmensführung (corporate management) - Unternehmenskontrolle (corporate control) - Modernisierung des Aktienrechts (Modernization of corporate law) and consisting of a group of selected lawyers and business practioners from the banking and insurance industry, took up the task of engaging in an in-depth analysis of the structure and challenges of \“German corporate governance.\” The Commission\'s work has drawn to an end and its 300 page report was presented to the public on July 10, 2001. It is German Law Journal\'s privilege to provide its readers with the first-hand insights of the Chair of the Commission, Professor Theodor Baums of the University of Frankfurt\'s Institute of Banking Law. In his discussion with GLJ, Professor Baums addressed specifics of the Commission\'s Report as well as the heritage of and the future prospects for German corporate and capital market law.

Type
Research Article
Information
German Law Journal , Volume 2 , Issue 12 , 2001 , E3
Copyright
Copyright © 2001 by German Law Journal GbR 

References

(2) The Modern Corporation & Private Property (1932), reprinted and issued with a foreword by Murray Weidenbaum and Mark Jensen, New Brunswick and London 1991.Google Scholar

(3) See Klaus J. Hopt, Preface to Baums/Buxbaum/Hopt (supra note 1).Google Scholar

(4) See Ernst-Joachim Mestmäcker, Verwaltung, Konzerngewalt und Rechte der Aktionäre. Eine rechtsvergleichende Untersuchung nach deutschem Aktienrecht und dem Recht der corporations der Vereinigten Staaten (1958); Rudolf Wethölter, Interessen und Organisation der Aktiengesellschaft im amerikanischen und deutschen Recht (1961); Roe (supra note 1); ibid., Kübler (supra note 1); Boehmer (supra note 1).Google Scholar

(5) Kübler, See, supra note 1, at 1 et seq.Google Scholar

(6) Cf. Hans-Peter Schwintowski, Corporate Governance im öffentlichen Unternehmen, in: Neue Zeitschrift für Verwaltungsrecht 2001, pp. 607–612, at 697/8.Google Scholar