26 CORPORATE GOVERNANCE AT RHÖN-KLINIKUM GROUP Good corporate governance is the basis of our decision- making and control processes. The Board of Management and the Supervisory Board are wholly guided in their ac- tions by efficient and responsible decision and control processes geared to the Company's long-term success. Together with a transparent as well as legally and ethically sound corporate culture, corporate governance is the pre- requisite for preserving and strengthening the trust that shareholders, business partners, patients and employees place in us and for securing and enhancing the value- added of our enterprises on a sustainable basis. In financial year 2013, the Board of Management and the Supervisory Board of RHÖN-KLINIKUM AG conducted a thorough regular examination of the German Corporate Governance Code, its development and amendments as well as compliance with the Code at RHÖN-KLINIKUM AG and its subsidiaries. Detailed discussions were held on the corresponding revisions to the German Corporate Gov- ernance Code. DECLARATION OF COMPLIANCE As a result of these deliberations, a jointly issued and up- dated Declaration of Compliance pursuant to section 161 of the German Stock Corporation Act (Aktiengesetz, AktG) was submitted by the Board of Management and the Su- pervisory Board of RHÖN-KLINIKUM AG on 6 November CORPORATE GOVERNANCE REPORT Joint report on corporate governance by the Board of Management and Supervisory Board of RHÖN-KLINIKUM AG
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