In: Finance
What is the corporate governance of Deutsche bank
Duetsche bank is committed to maintain the best corporate governance framework in accordance with international standards and legal requirement
Duetsche Bank corporate governance is based upon four pillars which are as follows-
1. Good relationship with shareholders-Bank is responsibly focused at managing a good relationship with its shareholders.
2. Effective cooperation between the management board and the supervisory board is another important focus of the corporate governance which is to be followed at the the Deutsche Bank.
3. System of performance related compensation for the managers and the employees is also the focal point of corporate governance which is to be followed at the bank because such performance driven compensation encourage the managers and the employees to work their best and to synchronise their objective with that of the organisation.
4.transparent and early reporting mechanism is also another focal point of corporate governance which is to be followed at the bank because a transparent and fair mechanism while reporting of financial statements are key to long term success.