Capital Stage is investing in solarparks and windfarms and is Germany’s largest solarpark operator.

Corporate Governance Code

Investor relations: Corporate Governance Code/Notes on corporate governance pursuant to § 289a of the German Commercial Code (HGB)

Corporate governance is an umbrella term for the entire system of managing and supervising a company, including its organisation, commercial principles, and internal and external control mechanisms.

The German Corporate Governance Code is intended to make national legislation concerning the management and supervision of companies more transparent for national and international investors in order to increase confidence in the governance of German businesses. The code addresses all significant areas of criticism (especially international criticism) of German corporate governance, specifically:

  • an inadequate focus on shareholder interests;
  • the two-tiered internal structure of a management board and a supervisory board;
  • a lack of transparency in German corporate governance;
  • a lack of independence in German supervisory boards;
  • a limited independence of auditors.

Here you can find the current declaration by the management board and the supervisory board regarding the recommendations of the governmental commission on the German Corporate Governance Code as per § 161 of the German Companies Act (AktG).

We also provide the annual Corporate Governance Report from the management and supervisory boards pursuant to Item 3.10 of the Corporate Governance Code.

Declaration on corporate governance pursuant to § 289a

More information about the Corporate Governance Code

Ad hoc announcements

Capital Stage AG: Capital Stage acquires shares from an ...

THE INFORMATION CONTAINED IN THIS DOCUMENT IS NOT FOR PUBLICATION OR DISTRIBUTION, EITHER IN WHOLE OR IN PART, TO, FROM OR WITHIN WHERE SUCH ... read more


Press releases

Capital Stage AG plans squeeze-out at CHORUS Clean Energy ...

The SDAX-listed Hamburg-based solar and wind park operator Capital Stage (ISIN DE0006095003 / WKN 609500) announced today that it submitted the ... read more


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