How is BASF dealing with the Corporate Governance Code?
BASF accords good corporate governance great importance. We therefore support the German Corporate Governance Code, which we regard as an important tool in the capital market-driven development of corporate governance and control. We follow the recommendations of the German Governance Code in its revised version of June 2006 with few exceptions. You can find the joint Declaration of Confirmation by the Board of Executive Directors and the Supervisory Board here. In the same manner, BASF also fulfils most of the non-obligatory proposals of the German Corporate Governance Code.
