| Germany's system of co-determination provides for equal participation of managers and employee representatives on companies' supervisory boards. |
| In addition, it is expected that supervisory skills are limited and few supervisors received training in how to manage people. |
| At selected subsidiary companies of the city the Lord Mayor performs the function of the chairman of the supervisory board. |
| Because of corporate change supervisory and middle management is becoming more and more interactive. |
| In his view, this will make it possible for the ruling majority to pull the strings of the supervisory body. |
| The Group also looked into various regulatory and supervisory aspects relating to NBFCs including residuary non-banking financial companies. |
