DUAL BOARD

Specialty Definition: Dual board

(From Wikipedia, the free Encyclopedia)

The dual board structure, common in Germany and also used in other European countries, offers a structure of corporate governance whereby shareholders (and, often,workers) elect members of a Supervisory Board which then appoints and supervises a Management Board.

Compare European Company Statute.

Source: the above text is adapted by the editor from Wikipedia, the free encyclopedia under a copyleft GNU Free Documentation License (GFDL) from the article "Dual board."

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