Siemens 2011 Annual Report Download - page 124
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6 A. To our shareholders 23 B. Corporate Governance
25 B. Corporate Governance report
31 B.2 Corporate Governance statement pursuant to
Section a of the German Commercial Code
(HGB) (part of the combined management’s
discussion and analysis)
33 B. Compliance report
36 B. Compensation report
(part of Notes to
Consolidated Financial Statements)
Good corporate governance is the basis for our deci-
sion-making and control processes and com prises
responsible, value-based management and monitor-
ing focused on long-term success, goal-oriented and
efficient cooperation between the Managing and
Supervisory Boards, respect for the interests of our
shareholders and employees, transparency and
responsibility in all our entre pre neurial decisions
and an appropriate risk management system.