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This book on the obligations of and risks for management and board members in German corporations is intended to serve as a source of general guidance and specific reference for board members in Germany. As a consequence of the globalization of the businesses of many companies, the composition of corporate boards is now much more international compared to a few years ago. Foreign board members in particular require access to English-language sources that help them navigate through the myriads of legal and other requirements that provide the framework in which board members of German companies work.