Statement of Compliance with the German Corporate Governance Code
The German Corporate Governance Code summarizes basic regulations for the management and control of German stock-listed companies and defines generally accepted standards of responsible business conduct and management.
The Code intends to make the management and control of German stock-listed companies transparent and understandable. Thus, confidence of investors, clients, employees and the public into the company shall be strengthened.
Article 161 of the German Public Companies Act (AktG) provides the legal link to the German Corporate Governance Code. Accordingly, KSB as a stock-listed company has to declare once a year that the recommendations of the Government Commission on the German Corporate Governance Code are being complied with; any deviations from the recommendations have to be explained.
KSB has implemented the majority of the recommendations. This is outlined in the below Statements of Compliance.
- Statement of Compliance of 7 December 2011 (PDF, 79 KB)
- Statement of Compliance of 8 December 2010 (PDF, 81 KB)
- Statement of Compliance of 30 March 2010 (PDF, 38 KB)
- Statement of Compliance of 17 June 2009 (PDF, 48 KB)
- Statement of Compliance of 16 December 2008 (PDF, 31 KB)
- Statement of Compliance of 12 December 2007 (PDF, 512 KB)
- Statement of Compliance of 14 December 2006 (PDF, 523 KB)
- Statement of Compliance of 15 December 2005 (PDF, 279 KB)
- Statement of Compliance of 13 December 2004 (PDF, 297 KB)
- Statement of Compliance of 19 December 2003 (PDF, 213 KB)
- Statement of Compliance of 19 December 2002 (PDF, 256 KB)
