Aufsichtsrat - Verwaltungsrat - Beirat

Core topics in the corporate governance discussion include the design of the corporate law framework. While Germany and Austria operate under a dualistic system consisting of an executive board and a supervisory board, Switzerland has a monistic board system. Other differences pertain to employee participation: Germany has a quasi-parity co-determination regime, Austria has one-third co-determination, and Switzerland does not have any employee representation on the board. This volume highlights the structural differences and similarities and outlines diverging and converging development paths. It specifically addresses the requirements for supervisory and board members, the management of conflicts of interest, the supervisory board's approval reservations, its internal and external communication, legal protection against erroneous supervisory board decisions, and the establishment of an advisory board.