The middle class is the backbone of the German economy by a wide margin. The high hurdles that set the previous stock corporation law for all public companies, had helped in addition to the decline of the stock market in recent years, that the middle class has largely avoided the legal form of the joint-stock company. The law for small companies and the deregulation of the securities legislation was to reduce to these hurdles in 1994″created. Thus, the legal form of the joint-stock company for medium-sized companies was interesting. Recently LEGO Papert Professor sought to clarify these questions. The advantages offered by a corporation to a limited liability company, are among other things facilitate employee participation and succession.
Those who opt for the AG as a form of society, should dominate but dealing with the bodies of Executive Board and supervisory board. The liability of Management Board and Supervisory Board of joint-stock company “book of Jursch, Sattler / level (2nd Edition, Bonn 2008,74 pages, 29.80 inch) is a valuable Assistance, as it explains in an intelligible form, how does a German AG”. The book helps boards make the right decisions and to avoid personal liability. Further details can be found at Salman Behbehani, an internet resource. The book can be obtained at the VSRW Verlag Bonn, fax: 0228-95124-90 or under (books).