The book provides readers with an overview of the unique features of German business and enterprise law and an in-depth analysis of the organs of governance of German public limited companies (general meeting, management board, supervisory board). In addition, approaches for reforms required at the international level are also suggested and discussed, including, among others, the unique interplay and dynamics of the German two-tier board model with the system of codetermination, referring to the arrangement of employees sitting on the supervisory boards of German public limited companies and private companies employing more than 500 employees; also covered are significant recent legal developments in Europe.The book highlights the core function of valuation and financial reporting at the international, European and German levels, with accounting as the documentary proof of good corporate governance. Corporate governance encompasses the free enterprise system, whichis treated comprehensively in this book from a German perspective. This distinguishes the book from other books written in English in this subject area, not only because of the comprehensive way it covers German corporate law and corporate governance, but also because of the fact that it provides international and European perspectives on these important topics.The book is addressed to researchers, practitioners and basically anyone with an interest in the complex, but intriguing areas of corporate law and corporate governance.

Professor Dr. Jean J. du Plessis, Deakin University, Geelong Victoria, AustraliaProfessor Dr. Bernhard Großfeld, Muenster, GermanyProfessor Dr. Claus Luttermann, Catholic University of Eichstaett-Ingolstadt, Ingolstadt, GermanyProfessor Dr. Ingo Saenger, University of Muenster, Muenster, GermanyProfessor Dr. Otto Sandrock, Muenster, Germany

Jean J du Plessis, Bernhard Großfeld, Ingo Saenger and Otto Sandrock, An Overview of German Business or Enterprise Law and the One-Tier and Two-Tier Board Systems Contrasted.-Jean J du Plessis and Ingo Saenger, An Overview of the Corporate Governance Debate in Germany.-Jean J du Plessis and Ingo Saenger, The General Meeting and the Management Board as Company Organs.-Jean J du Plessis and Ingo Saenger, The Supervisory Board as Company Organ.-Otto Sandrock and Jean J du Plessis, The German System of Supervisory Codetermination by Employees.-Otto Sandrock, The Impact of European Developments on German Codetermination and German Corporate Law.-Claus Luttermann, Accounting as the Documentary Proof of Good Corporate Governance.-Claus Luttermann, Legal Requirements for the Proper Appraisal of Companies: A Substantive Civil-Procedural Concept.-Claus Luttermann, Banking on Trust as Individual Responsibility: Corporate Finance, Speculation and Global Capital Markets.-Matthias Casper, Corporate Governance and Corporate Compliance.-Jean J du Plessis and Ingo Saenger, Corporate Governance in the EU, the OECD Principles of Corporate Governance and Corporate Governance in Selected Other Jurisdictions.