Suchergebnisse

The gender quota for supervisory boards that has been mandatory since January 2016 has shown an initial impact. According to DIW Berlin's Women Executives Barometer, at the end of 2016, there were more women on the supervisory boards of the 106 companies subject to the statutory quota than one year before. Their proportion increased by a solid four percentage points to more than 27 percent. And in the other groups of companies studied, the number of female supervisory board members also rose. However, the calculations based on the top 200 companies also showed that in companies in which the supervisory board already consisted of one-third women, the proportion hardly increased or did not increase at all. The gap between supervisory and executive boards has also widened because growth in the latter has flattened. Women represent only 6,5 percent of the executives at companies subject to the quota - even fewer than in the DAX 30 (11 percent) and the average of the 200 highest performing companies in Germany (eight percent). In companies with government-owned shares, the momentum has decreased significantly - they run the risk of losing their function as role models. To forestall a tightening of the law, companies should ensure more balanced gender representation on all executive levels.

"Franziska Boneberg behauptet, dass über die Hälfte der westdeutschen
GmbHs im Dienstleistungssektor mit 500 bis 2000 Beschäftigten gesetzeswidrig keinen Aufsichtsrat
hätten. Die von ihr schlecht dokumentierten Daten stützen diese Aussage jedoch
nicht, wie an zwei Stichproben gezeigt wird. Es gibt eine Aufsichtsratslücke, diese ist jedoch
vermutlich deutlich kleiner und ihr genauer Umfang nur schwer zu ermitteln. Ein kritischer
Umgang mit den Daten (und den genauen gesetzlichen Bestimmungen) ist in jedem Fall zu
empfehlen." (Autorenreferat)

This study aims to determine the optimization of DPS in carrying out the supervisory function of sharia principles in Islamic banking in Lhokseumawe City, and the obstacles experienced as well as the DPS efforts to resolve obstacles in carrying out the supervisory function of sharia principles. This study uses empirical research methods and empirical juridical approaches. Data were obtained through field research and library research. Data analysis was carried out qualitatively. Research shows that in optimizing the monitoring of sharia principles, DPS asa supervisor should be active in monitoring Banks directly. In the second quarter of 2007, the company's net profit in the first half of 2007 fell to rp8.3 trillion from rp2.9 trillion in the same period last year. It is suggested that DPS can increase their supervision in supervision Islamic banks in order to create Islamic banks that comply with sharia principles in accordance with Article 32 paragraph (3) of Law Number 21 of 2008 concerning Sharia Banking and Article 45 paragraph (1) of Qanun Aceh Number 11 of 2018 concerning Islamic Financial Institutions.

In Germany, an intensive public debate about increasing female participation in leadership positions started in 2009 and proceeded until the beginning of 2015, when the German parliament enacted a board gender quota. In that period, the share of women on supervisory boards for 111 German publicly listed and fully codetermined companies (i.e. those which are affected by the quota law) more than doubled from 10.6 percent in 2009 to 22.6 percent in 2015. In 2016, the first year when the law was effective, the female share increased again by 4.5 percentage points. Using a hand-collected dataset, we investigate whether the rise in female board representation was accompanied by a change in gender differences in board member characteristics and board involvement. We do not find evidence for the "Golden Skirts" phenomenon, i.e., the rise in the female share was not achieved via a few female directors holding multiple board memberships. After controlling for firm heterogeneity, the remuneration of female shareholder (employee) representatives is about 16 (9) percent lower than for males. We interpret this as an overall indication that women are not only underrepresented in German supervisory boards, they are even more underrepresented in important board positions. Indeed, women are less likely to become a chairman and are less often assigned to board committees (except for the nominating committee). Moreover, in 2016 the disadvantage of women (as compared to men) to obtain a committee membership is even larger than in 2009.

"Der Beitrag untersucht die spezifische Situation von Vertretern leitender Angestellter im Aufsichtsrat über die bisher kaum empirische Studien vorliegen. Dabei stehen drei Fragen im Zentrum: Wie verorten sich die leitenden Angestellten als eigenständige rechtliche und soziale Gruppe im Aufsichtsrat, welche Stellung nehmen sie im Wissens- und Kommunikationssystem des Gremiums ein und wie bewerten sie die Unternehmensmitbestimmung? Die empirischen Befunde basieren auf einer Untersuchung unter leitenden Angestellten im Aufsichtsrat, die von den Autoren im September 2004 durchgeführt wurde. Aus den Ergebnissen der Untersuchung lassen sich vor dem Hintergrund der aktuellen Diskussion um die 'Modernisierung' des deutschen Mitbestimmungssystems Aussagen über Stärken und Schwächen in den Kommunikations- und Wissensstrukturen deutscher Aufsichtsräte ableiten und bislang noch offene Fragen zum Reformbedarf von Aufsichtsratsprozessen beantworten." (Autorenreferat)

The authority of the notary is very susceptible of legal violations. The role of the supervisory board is very important to maintain the notary profession in carrying out the authority. Law enforcement is urgently needed when a violation arises, in which a troubled notary must be sanctioned. Conducting research in the form of scientific work that studies the following research problems will be interesting: (1) what factors are the cause of legal violations committed by notaries in Padang City? (2) what is the role of the Regional Supervisory Board in preventing legal violations committed by notaries in Padang City? and (3) what actions are taken by the Regional Supervisory Board against the notaries who commit legal violations in Padang City. This study applies juridical empirical approach using secondary and primary data types. The Regional Supervisory Board of Padang City mentioned that the factors causing legal violations committed by the notaries in Padang City are that (1) the notary likes to accept a work that is not in accordance with the date stated in the deed and (2) the notary often does not see the client directly. Legal violations committed by notaries in Padang City can be prevented by conducting socialization and direct observation in the field. The action that can be taken if legal violations committed by notaries occurs is to carry out the inspection process in order to prove whether or not the notary has committed a violation.

In living a life, humans realize that they cannot live alone but need other people and try to connect with others; in relation to legal certainty. One of them is carried out by the role of Notary. The role of Notary which is important in helping to create certainty and legal protection for the community is by issuing authentic deeds made before him/ her that serve as perfect evidence. Through the duties and responsibilities of a Notary, it is reasonable that the Notary is also under supervision. The purpose of supervision carried out by the authorities to the Notaries is that in carrying out their duties, the Notaries do not violate their positions. By the existence of Law No. 30 of 2004 concerning Notary Position and its implementing regulations, it clearly stipulates the responsibilities and obligations of the Notary Supervisory Board. Thus, in carrying out their position, Notaries must be guided by existing regulations so that they can carry out their positions properly. The problems in this study are about how the examination process carried out by the Notary Supervisory Board against the Notary who violated the Law on Notary Position and how the decision-making process by the Regional Supervisory Board in conducting an examination to the Notary. This paper applies the juridical empirical method by reviewing primary and secondary data which are analyzed qualitatively. To strengthen the results of the study, interviews with relevant parties in the research setting were held. Based on the results of the study, it is concluded that in conducting an examination of their profession colleagues who are involved in a case, Notary must have a high sense of integrity in which they must first override friendships in conducting the examination. In the examination of the Supervisory Board, parties from Notary elements also sometimes disagree with two other elements; i.e. the Supervisory Board from the Government and Academics. To achieve collective and collegial decisions, the three elements must equalize their perceptions or views so that collective decisions are made since there is no voting in decision making. This is carried out to avoid the defense action for colleagues which is carried out by the Supervisory Board from the Notary element.

Purpose: The plethora of changes in the corporate governance landscape over the past two decades has the potential to tighten governance regimes and influence the preference of supervisory board members vis-à-vis the involved decision-making role of business unit (BU) controllers and their independent fiduciary role. Stricter financial reporting and compliance requirements may lead organizations to prioritize the latter role. However, recent studies support the need to balance these roles, inducing the potential for role conflict. The purpose of this study is to shed light on the influence of a tight and loose governance regime on this balance as preferred by supervisory board members. Design/methodology/approach: This study uses a unique data set from an experiment among 73 supervisory board members. The authors take their perspective because compliance with governance codes and corporate policies are relevant topics for their function. Findings: The authors find evidence for the preference of supervisory board members for "all-round" BU controllers who, irrespective of the governance regime, demonstrate substantial levels of fiduciary and decision-making qualities and deal with the resulting role conflict. Originality/value: The outcomes of the experiment among supervisory board members provide evidence for their preferences concerning the balance of the two primary controller roles and for the potential of role conflict. The authors have not found studies that provide such empirical evidence.

Proposed Amendments to the Company Law was considered and passed on December 29, 2023, marking an important update to the foundational law of China's modern enterprise system. The revision has made in-depth adjustments to issues that are not compatible and harmonized with the development, and seeks to provide a solid legal guarantee for the sustainable development of the market economy through the innovation of the corporate governance system. One of the highlights of this revision is the internal supervision and check and balance mechanism of the company, which introduces a brand-new internal supervision organization in Privately Owned Limited Liability Companies and Publicly Listed Joint-Stock Corporations, Including Wholly State-Owned Enterprises and the Audit Committee under corporate board is responsible for the internal supervision of the company. This major revision, the legislator breaks the traditional supervision two-tier system model, the introduction of a single-tier system supervision model, not only is the legislator of the traditional supervisory board and supervisors exercise of the company's internal supervision rights can not be fully and effectively perform their duties of the disappointment, but also released by the shareholders of the centralism to the director-centered signal.