Thursday 16 October 2008 12:45 pm

Venue: Oxford Law Faculty SCR

Organised by Financial Law Discussion Group

Speaker: Dr Manfred Gruenanger (Legal Policy Department of the Austrian Federal Economic Chamber)

Manfred Gruenanger is a senior legal advisor in the Legal Policy Department of the Austrian Federal Economic Chamber in Vienna/Austria. Since 2002 he is a delegated member of the Austrian Working Group for Corporate Governance. He holds degrees in law (PhD) from University of Vienna/Austria and business (MBA, MPhil) from the Danube University Krems/Austria and Oxford Brookes University/UK. Currently he is an Academic Visitor to the Law Faculty of Oxford University researching in corporate governance developments in Austria and the UK.

Programme:

The Austrian Code of Corporate Governance presented to the public on 1 October 2002 has become an indispensable part of the Austrian corporate governance system and is viewed by investors as well as by issuers as an effective instrument for building confidence. Amendments of the Austrian Corporate Governance Code are necessary due to changes in statutory law after the implementation of EU-directives. These changes include the regulations on the corporate governance declaration, the strengthening of the supervisory board and its committees, the consideration of diversity in the supervisory board and transparency of management remuneration. The Austrian Working Group on Corporate Governance proposed a draft of the amended code for public consultation in summer 2008.