The Effectiveness and Remuneration of the Board of Directors. A Critical Analysis of the Corporate Governance Codes in the UK and Germany

Term Paper (Advanced seminar) , 2016 , 29 Pages , Grade: 80%

Business economics - Economic Policy

The following report aims to compare and contrast the development of the principles effectiveness and remuneration in the UK and Germany. Firstly, characteristic factors of the two principles are worked out, their development in the UK is analysed and underlined by a critical evaluation of the role and responsibilities of ED and NEDs in Barclays.

In a second step, the development of the carved factors in Germany is assessed and underlined by a critical analysis of the board’s role and responsibilities in Deutsche Bank. At last a brief conclusion is given.

Table of Content

• List of Abbreviations
• List of Diagrams
• List of Tables
• 1. Introduction
• 2. Development of the two main principles in the UK
  • 2.1 Principle development
  • 2.2 Assessment after the financial crisis
  • 2.3 Critical evaluation of Barclay's board of directors
• 3. Development of the two main principles in Germany
  • 3.1 Principle development
  • 3.2 Assessment after the financial crisis
  • 3.3 Critical evaluation of Deutsche Bank's board
• 4. Conclusion
• 5. Appendices
• 6. References

Objectives and Key Themes

This report aims to compare and contrast the development of the principles of effectiveness and remuneration in the UK and Germany. It analyzes the development of these principles in both countries, highlighting their key characteristics and examining their evolution in the wake of the 2008 financial crisis. The report also critically evaluates the roles and responsibilities of executive and non-executive directors in Barclays (UK) and Deutsche Bank (Germany) in relation to these principles.

• Corporate Governance (CG) development in the UK and Germany
• The principles of effectiveness and remuneration in CG
• The impact of the 2008 financial crisis on CG
• The roles and responsibilities of boards of directors in Barclays and Deutsche Bank
• A comparative analysis of CG practices in the UK and Germany

Chapter Summaries

1. Introduction

This chapter provides an overview of the purpose and scope of the report. It introduces the concept of corporate governance (CG) and its significance, particularly in the context of the financial crisis of 2008. The chapter outlines the key principles of the UK Corporate Governance Code, emphasizing the principles of effectiveness and remuneration. It concludes by stating the report's objectives and the methodology used to achieve them.

2. Development of the two main principles in the UK

This chapter focuses on the development of the principles of effectiveness and remuneration in the UK. It examines their evolution, highlighting key milestones and changes in regulatory frameworks. The chapter also analyzes the impact of the financial crisis on these principles and how they were adapted to address the challenges it presented.

3. Development of the two main principles in Germany

This chapter explores the development of the principles of effectiveness and remuneration in Germany. It examines the German corporate governance framework, highlighting key differences and similarities with the UK approach. The chapter analyzes the impact of the financial crisis on German CG and the resulting adjustments to the principles under scrutiny.

Keywords

This report focuses on the core concepts of corporate governance, board effectiveness, remuneration practices, executive compensation, and the impact of the financial crisis on these aspects in the UK and Germany. It also examines the roles and responsibilities of boards of directors, particularly executive and non-executive directors, in leading companies towards long-term success.

• College: University of South Wales
• Grade: 80%
• Author: Marvin Müller (Author)
• Publication Year: 2016
• Pages: 29
• Catalog Number: V318402
• ISBN (eBook): 9783668176164
• ISBN (Book): 9783668176171
• Language: English
• Tags: effectiveness, remuneration, board, directors, critical, analysis, corporate, governance, codes, germany