Suchergebnisse für Vertretung der Gesellschaft

Rechenschaft und Transparenz als zentraler Teil der Governance oder als Selbstzweck?

The title of the essay is: “Accountability and Transparency as a function of governance or a function which ends in themselves?” Without transparency good corporate governance is not possible, since only informed decisions are dutiful decisions. Both, the general assembly of shareholders and the board must make decisions which are only possible if transparency is given. For example, for most…

Gleichstellung – Ein aktienrechtliches Thema

Article 734e of the Preliminary Draft demands that each gender is represented with at least 30% of the members of the board of directors and the executive committee of large listed companies. Companies that do not comply with this obligation must describe the reasons for such failure and the measures they will take to advance the underrepresented gender in their compensation reports. Although the…

The squeaky wheel gets (all) the grease: Wie weit soll und darf der Verwaltungsrat auf aktive Aktionäre eingehen?

Over the course of this enquiry, we shall examine whether the squeaky wheel does actually get all the grease and what this means for the modern public company. Art. 717 of the Swiss Code of Obligations states that shareholders are to be treated equally under equal conditions. However, said equality is not to be understood in absolute terms but has to be reasonable and justifiable with regard to…

Proxy Advisors – Fluch oder Segen in der Corporate Governance?

The role of proxy advisors in the governance of listed companies has triggered criticism ranging from “box ticking” to “empty voting” and has sparked an intense debate on how to address these concerns. The author takes the view that – for the time being – proxy advisors are not a topic for the regulator. Many institutional investors owe their beneficiaries a fiduciary duty based on which they are…

Organisationsmangel i.S.v. Art. 731b OR bei Interessenkonflikten im Verwaltungsrat

Am 24. Dezember 2013 schloss die Hotel A AG ­(Beschwerdeführerin) mit der Kollektivgesellschaft E.B. & Co einen Mietvertrag über Hotel- und Restauranträumlichkeiten. Der Verwaltungsrat der Hotel A AG…

OR 2020: Braucht die Schweiz ein neues Vertragsrecht? – Eine Einführung

In spring 2013, the draft for a new General Part of the Swiss Code of Obligations was published under the title “Schweizer Obligationenrecht 2020” (OR 2020; in French “Code des obligations suisse 2020” [CO 2020]). The OR 2020 draft contains model rules for a new General Part of the existing Swiss Code of Obligations in German, French, Italian and English, as well as explanatory notes on each…

Die Modernisierung des schweizerischen Abtretungsrechts –Bemerkungen zum Zessionsrecht im OR 2020

The draft for a new General Part of the Swiss Code of Obligations presented by law professors in 2013 includes interesting proposals for a revision of the Swiss assignment law. Following a number of international and foreign precedents, the draft suggests to restrict the effects of contractual no-assignment clauses to the relationship between the debtor and the creditor/assignor, a reform which…

Das Gesellschaftsrecht 2014/Le droit des sociétés 2014

Das hervorstechende Ereignis im Berichtsjahr ist die schnelle und umfassende Konsolidierung der business judgement rule in der bundesgerichtlichen Rechtsprechung zur Organverantwortlichkeit (I.1)…

Wie weiter im schweizerischen Wettbewerbsrecht?

The Swiss Act on Competition Law is now 20 years old. The revision proposal of 2012 failed in Parliament not because a revision would not be necessary but rather because the proposal was overloaded and pursued conflicting aims. The author argues that a new revision should be prepared without further delay. There are at least three reasons for this. First, an institutional reform remains necessary…