Kodexakzeptanz 2018: Analyse der Entsprechenserklärungen von Dax- und Mdax-Gesellschaften zum Deutschen Corporate Governance Kodex

Translated title of the contribution: Code Compliance 2018: Analysis of the Declarations of Conformity with the German Corporate Governance Code

Johannes Beyenbach, Marc Steffen Rapp, Christian Strenger, Michael Wolff

    Research output: Book/ReportReportResearch

    Abstract

    The Code Compliance Study 2018 examines the acceptance level of the current version of the German Corporate Governance Code (GCGC) within DAX and MDAX firms. The study analyses overall compliance, as well as the firms’ compliance behavior on the level of chapters, items and even single GCGC recommendations.
    In addition, the study examines the firms' governance quality based on four specially constructed governance indices that represent the key areas of governance (transparency, monitoring/control, incentives and diversity). Moreover, compliance behavior with respect to GCGC's suggestions as well as the relationship between firm characteristics and compliance levels is analyzed. Overall, the study presents a broad and comprehensive view on code compliance behavior of German listed firms.
    Translated title of the contributionCode Compliance 2018: Analysis of the Declarations of Conformity with the German Corporate Governance Code
    Original languageGerman
    Place of PublicationLeipzig
    Publisher Center for Corporate Governance. HHL Leipzig Graduate School of Management
    Number of pages59
    DOIs
    Publication statusPublished - Apr 2018

    Cite this

    Beyenbach, J., Rapp, M. S., Strenger, C., & Wolff, M. (2018). Kodexakzeptanz 2018: Analyse der Entsprechenserklärungen von Dax- und Mdax-Gesellschaften zum Deutschen Corporate Governance Kodex . Center for Corporate Governance. HHL Leipzig Graduate School of Management. https://doi.org/10.2139/ssrn.3182962