Corporate governance volkswagen

What is the corporate governance failure of Volkswagen?
The VW crisis is the result of a three-pronged governance and culture failure.
The three spokes were: marketing, risk management and internal controls and the failure of these three parts to connect.
Reputation loss follows in part from the approach to marketing._{Dec 4, 2015}.
What is the corporate strategy of Volkswagen?
The Volkswagen brand is investing around 18 billion euros in e-mobility, hybridization and digitalization by 2026.
To manage these investments, we aim to achieve a sustainable operating margin of at least 6 percent by 2023..
What is Volkswagen corporate governance?
The german corporate governance code
Corporate governance establishes a framework for managing and supervising a company.
This includes its organization and values, and the principles and guidelines for its business policy, among other things..
What organizational structure does Volkswagen use?
The Volkswagen AG Board of Management has sole responsibility for managing the Company.
The Supervisory Board appoints, monitors and advises the Board of Management; it is consulted directly on decisions that are of fundamental significance for the Company..
By “Shaping mobility – for generations to come”, we aim to more actively shape the future of mobility while safeguarding it sustainably – for present and future generations.
With electric drives, digital connectivity and autonomous driving, we want to make the automobile cleaner, quieter, more intelligent and safer.
The Volkswagen AG Board of Management has sole responsibility for managing the Company.
The Supervisory Board appoints, monitors and advises the Board of Management; it is consulted directly on decisions that are of fundamental significance for the Company.

The Board of Management and the Supervisory Board of Volkswagen AG base their work on the recommendations and suggestions of the German Corporate Governance

“Corporate governance stands for responsible, transparent corporate management and supervision that aims to add by long-term value.

How many members does the Board of management of Volkswagen AG have?

Currently the Board of Management of Volkswagen AG comprises nine members

Each Board Member is responsible for one or more functions within the Volkswagen Group

Find out about how the Volkswagen Group applies compliance and Risk Management to protect the company

What is the new board-level management function for Volkswagen Passenger cars?

A new board-level management function for Volkswagen Passenger Cars was created effective January 1, 2022

A new board-level management function was also created for Group Sales effective February 1, 2022

Information on the composition of the Board of Management can be found in the “ Members of the Board of Management ” section

What makes Volkswagen Group a successful company?

To ensure the Volkswagen Group’s lasting success, we use forward-looking risk management and a uniform Group-wide framework based on the compliance management system

This includes: Compliance

Adherence to statutory provisions, internal company policies, ethical principles and our own values in order to protect the Company and its brands

Collective worker action at the German auto firm Volkswagen

Workers of the German auto manufacturer Volkswagen Group are collectively organized and represented across a variety of worker organizations including trade unions and Works Councils across the globe.
Workers are organized on multiple levels; locally, regionally, nationally, internationally and by marque.

Corporate governance volkswagen

What is the corporate governance failure of Volkswagen?

What is the corporate strategy of Volkswagen?

What is Volkswagen corporate governance?

What organizational structure does Volkswagen use?

How many members does the Board of management of Volkswagen AG have?

What is the new board-level management function for Volkswagen Passenger cars?

What makes Volkswagen Group a successful company?