Przegląd Prawa Rolnego, 2016 Nr 2 (19)

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Genossenschaften im Spannungsfeld genossenschaftlicher Grundprinzipien und marktbedingtem Anpassungsdruck
(Wydawnictwo Naukowe UAM, 2016) Caßelmann, Jan
Cooperatives are an important economic factor for the Federal Republic of Germany, especially in the sector of agriculture. The increase of economic internationalisation or concentration, and a developing capitalistically-aligned market caused the German legislation to adjust company laws, especially the cooperative law, in order to be able to adapt to those changing settings. Since the beginning of cooperative law, the German legislation had made critical changes: The competence over the managing directions had been transferred from the general assembly to the board, multiple voting rights had been introduced, and memberships of investors had been allowed in order to expand the equity capital. This article examines, whether the German legislation considered the basic principles of cooperative law in a legally appropriate way. In the author’s opinion the answer is generally positive, yet there are still areas which require further attention (intervention) on the part of the German legislator.