As a European media company, the international orientation and transparent organization of our corporate governance system are extremely important to us.
Responsible company management
The criteria to be applied in evaluating responsibly company management are publically debated as corporate governance. ProSiebenSat.1 supports various initiatives to improve corporate governance.
The German Corporate Governance Code (the "Code") is a set of standards aimed at assuring the transparent supervision and management of companies, especially with the goal of protecting the interests of shareholders. Many of the corporate governance principles embodied in the Code have been practiced at ProSiebenSat.1 for a long time already. We report on the implementation of the principles and other relevant disclosures on corporate governance practices in our Management Declaration and in our Corporate Governance Report.
Furthermore, ProSiebenSat.1 has adopted fundamental guidelines and procedures in a code of conduct, or "Code of Compliance", which is applicable throughout the Group.