Der Versammlungsleiter im Aktienrecht

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Abstract This dissertation examines the legal position or liability of the chairperson in a public limited company's annual general stockholders' meeting and points out the legal boundaries for those responsible for running an AGM that is oriented towards practical needs. Taking the function of the chairperson as a starting point, the study makes a connection between the right of self-organisation at such meetings and the autonomy of its agenda according to § 129 clause 1 of German company law. Based on this, it examines the admissibility of a chairperson's dismissal and develops principles for the distribution of duties between the general meeting and its chairperson. This is further exemplified using practical and relevant subjects, such as the discussion of the agenda, how the results of any votes are determined or measures employed to restrict the duration of speeches and questioning. Finally, the author uses the findings obtained to evaluate the chairperson's liability risks.