Corporate GovernanceCorporate governance stands for the responsible management and control of a company and its bodies. Oerlikon is dedicated to effective corporate governance as a way of assisting the sustainable added value of the corporation. You will find all relevant information pertaining to this topic on the following pages.
Oerlikon is committed to the principles of good corporate governance as defined by Economiesuisse in the Swiss Code of Best Practice for Corporate Governance of March 25, 2002 (as amended on September 6, 2007). Through this commitment Oerlikon aims to reinforce the trust placed in it by the company's present and future shareholders, lenders, employees, business partners and the general public.
Responsible corporate governance requires transparency with regard to the organization of management and control mechanisms at the uppermost level of the enterprise. Therefore, the "Directive on Information Relating to Corporate Governance" (DCG), enacted by the SIX Swiss Exchange on July 1, 2002 and revised on March 29, 2006 and on October 29, 2008, requires issuers of securities to make available to investors certain key information pertaining to corporate governance.
The corporate governance information is once again presented in a separate section of the Annual Report 2012, as prescribed by DCG. The framework of the directive has been adopted, however, the section “Compensations, shareholdings and loans” has been phased out in a separate chapter (Remuneration Report).