Public Corporate Governance Codex

The Federal Government amended the Public Corporate Governance Code of the Federal Government (PCGK) on the principles of good corporate and investment management by resolutions dated September 16, 2020, December 13, 2023, and November 6, 2024.

The PCGK sets out the essential provisions of applicable law governing the management and monitoring of non-listed companies in which the Federal Republic of Germany holds a majority stake, while outlining the internationally and nationally acknowledged principles of good and responsible corporate management. The PCGK aims to render corporate governance and monitoring more transparent and comprehensible and clarify the role of the Federal Government as a shareholder while also raising awareness of good corporate governance.

You can download the Public Corporate Governance Code via the link.