by Commissioner Paul S. Atkins
Ladies and Gentlemen, good morning and thank you for the invitation to address the 7th German Corporate Governance Code Conference. It is a privilege to discuss a topic of utmost significance to the capital markets — namely, that relationship between management and shareholders that we in English (and now actually in German) call corporate governance. I am pleased to be here to discuss recent developments in corporate governance in the United States, with my good friend and colleague, Special Envoy C. Boyden Gray. Many thanks to Dr. Gerhard Cromme for this wonderful opportunity.
And, I hope that you will forgive my inevitable mistakes in your beautiful, but difficult, mother tongue.
It is hard to believe that five years have passed since I accepted the invitation of Dr. Cromme to address the 2nd German Corporate Governance Code Conference. At the time, I was a new member of the U.S. Securities and Exchange Commission.
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