Board of Directors (Germany)
A board of directors is either an organ of a corporation or institution or foundation under public law entrusted with a control or steering function or the official title of an official. As an organ, one or more administrators are required who perform the control tasks in the form of individual organs or collegial organs .
In public health insurance companies as public corporations directors are generally equal with workers - and employers' representatives occupied. Most of them are members of the trade unions and employers' associations . In some public corporations, the members of the corporation elect the board of directors in a social election . Most of the members of the Board of Directors are elected for 6 years.
In the case of the savings banks organized under public law, the representatives of the sponsoring bodies usually form the board of directors; This is regulated in the savings bank laws of the federal states .
In Germany, the board of directors is an official title according to the Federal Salary Act in salary group A 13 (higher service). This is an addition (administrative) to the basic office designation (council), which is intended to emphasize the administrative function . Administrative boards usually work for public institutions and corporations under public law, such as municipal, city, district and university administrations as well as corresponding associations. Appropriate additions are used in other areas of application (student council / high school teacher, academic council / research assistant at universities, government council / state and federal administration, etc.).
In European Company (SE), determines the basic lines of its activities and monitors its implementation. In doing so, he fulfills both the duties of the management board and the duties of the supervisory board of a stock corporation .(1) of the SE Implementation Act (SEAG), the Administrative Board manages the