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CORPORATE GOVERNANCE REPORT

RESPONSIBLE GOVERNANCE

The concept of corporate governance draws together all international and national values and principles for good and responsible management applying to a company’s executive and supervisory bodies as well as its employees. However, corporate governance should not be seen as a rigid system of rules and regulations; rather it is a process in which values and principles constantly evolve in line with changing requirements. In our work, we, the Supervisory Board and the Executive Board of SAP, attach great importance to good governance practice. 

Recognizing the need to practice good corporate governance in our day-to-day business operations, SAP led the way in Germany by publishing its own Principles of Corporate Governance (“Principles”) in 2001, even before promulgation of the German Corporate Governance Code (“Code”). Ever since, SAP has worked at optimizing its corporate governance, guided not only by national standards but also by the internationally accepted principles. This is our report for fiscal year 2007, as required by section 3.10 of the Code.

 

» Corporate Governance at SAP  

» Executive Board  

» Supervisory Board   

» Cooperation Between Executive Board and Supervisory Board  

» SAP’s Principles of Corporate Governance  

» Code Recommendations  

» Compliance Declaration Pursuant to the German Stock Corporation Act, Section 161  

» Code Suggestions  

» Code of Business Conduct  

» Compliance  

» Risk Management  

» Applying International Corporate Governance Standards  

» Transparency, Communication, and Service for Shareholders  

» Financial Statements  

» Executive Board and Supervisory Board Compensation Information