Germany feels board pressures

Institutional investors are hoping for a sea change in Germany’s corporate governance following the campaign by a UK activist investor to oust Klaus Wucherer as designate-chairman at chipmaker Infineon.

ESO: Background information: German governance head to rebuild trust http://www.europeansources.info/record/german-governance-head-to-rebuild-trust/

German Corporate Governance Code Commission: Press Release, 16.1.09: German Corporate Governance Commission discusses Code amendments http://www.corporate-governance-code.de/eng/download/Pressemitteilung_20090116_en.pdf

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