Summary of a CFA Institute webinar focused on employee co-determination, which is a practice that is required by law in Germany.
The implosion of Germany’s Wirecard has demonstrated that those parties – management, the audit committee and board, auditors, audit regulators, and corporate reporting regulators – investors compensate and rely upon to look after their capital investments failed them on multiple levels in the European Union’s (EU’s) largest economy.
A German EU presidency is no normal presidency. We hope the following thoughts on priorities are a useful contribution at a time when the EU’s economic and financial response to the COVID-19 crisis has been under intense scrutiny.