Corporate Eye

E.ON: Communication and Corporate Governance

I was reading Forbes Magazine’s list of the 2000 Largest Public Companies and came upon a company I hadn’t heard about — E.ON: high up on the list with $94 Billion (USD) in sales. I knew that Corporate Governance is more stringent in Germany, so I decided to take a closer look.

First, E.ON has a clear visual describing their Corporate Governance System – simple but unique, and remarkably helpful in explaining the governance structure.

And note the “servicebox” that offers visitors a variety of features.

Noteworthy, too, is how E.ON displays their Corporate Governance Report —

This is a very comprehensive document that has a useful navigation scheme on the left. Each section is in HTML, not PDFs, and allows quick review of each section.

Also note the the stock price and the services box appear on each page: nice touch.

Other site features include —

  • The Compensation Report is a model of thoroughness
  • Declaration of Compliance with the German Corporate Governance Code, is available back to 2002
  • Public Dialog with shareholders and investors is laudable since it provides a variety of communication channels with share-owners.

For Corporate Governance watchers, this is a must visit site.

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Ed Konczal has an MBA from New York University's Stern School of Business (with distinction). He has spent the last 10 years as an executive consultant focusing on human resources, leadership, market research, and business planning. Ed has over 10 years of top-level experience from AT&T in the areas of new ventures and business planning. He is co-author of the book "Simple Stories for Leadership Insight," published by University Press of America.