compensation. Some German AGs have management boards which determine their own remuneration, but that situation is now relatively uncommon. The general meeting is the supreme governing body of a Swiss company limited by shares. It elects the board of directors (Verwaltungsrat in German) and the external auditors. The board of directors may appoint and dismiss persons entrusted with managing and representing the company. Similar forms The equivalent terms in other countries include the following, which mostly mean literally either "share company/society" or "anonymous company/society". Argentina, Bolivia, Costa Rica, Peru, Spain, and other Spanish speaking countries – Sociedad Anónima (S.A.) Belgium (Dutch language), Netherlands – Naamloze Vennootschap (N.V.) Belgium (French language), France – Société Anonyme (S.A.) Brazil – Sociedade Anônima (S.A. or S/A or SA) Bulgaria – Акционерно дружество (Akcionerno druzhestvo), derived directly from the German AG Croatia - dioničko društvo (d.d.) Czech Republic - Akciová společnost - (a.s.) Denmark – Aktieselskab (A/S) Estonia – Aktsiaselts (AS) Finland – Osakeyhtiö (Oy) Greece - Ανώνυμος Εταιρεία (Anonymos Etaireia) (A.E., but often translated as S.A.) Hungary – Részvénytársaság (Rt) Japan – Kabushiki gaisha (K.K.), originally derived directly from the German AG (the term is based on the German) until law reforms under the United States–led Occupation of Japan made the form similar to Illinois corporate law Italy – Società per azioni (SpA), derived directly from the German AG Malaysia – Berhad (Bhd) Norway – Aksjeselskap (AS) Romania – Societate pe acțiuni or "Societate anonimă" (S.A.) Russia – Публичное акционерное общество (Publichnoe akcionernoe obschestvo) (ПАО) Serbia - deoničarsko društvo (d.d.) and akcionarsko društvo (a.d.) Slovakia - Akciová spoločnosť (a.s.) Sweden – Aktiebolag (AB) Turkey – Anonim Şirket (A.Ş.) Poland – Spółka akcyjna (S.A.) Portugal – Sociedade Anónima (S.A.) United Kingdom and Ireland (English) – Public limited company (Plc) United Kingdom (Welsh) - cymdeithas cyhoeddus cyfyngedig (ccc) See also Gesellschaft mit beschränkter Haftung (GmbH) Explanatory notes References Further reading McGaughey, E. (2016), "The Codetermination Bargains: The History of German Corporate and Labour Law". Columbia Journal of European Law'' 23(1) 135. German Stock Corporations Act 1965 translation Law of Austria German business law Law of Switzerland Types of business entity ja:株式会社 (ドイツ)