The paper provides an analysis of the rules and practice of shareholder voting in Germany. The paper surveys the available data on voting in large German companies and the literature on the relationship between voting and corporate performance. The paper focuses then on issues such as depositing...

In its first part, the paper discusses the possibility of a competition of mandatory rules (as opposed to a competition of regulators) in corporate law, in other words, the self-correction of a regulatory system. The main part of the paper is a case study. The legal structure of the...

This article provides a comparative study of four major dimensions of corporate governance in the U.S. and Germany: (1) the laws affecting corporate governance, particularly those designed to protect minority shareholders; (2) the prescribed role and actual conduct of corporate boards; (3) the...