Theodor Baums honoured with Dr. Michael Endres Prize at opening of academic year

285 new students welcomed for 2017/2018; Ivan Krastev delivered opening lecture

Around 300 guests gathered at the Hertie School on Thursday evening to celebrate the awarding of the Dr. Michael Endres Prize to its first recipient, Dr. Theodor Baums, Professor for Civil, Trade and Business Law at the Goethe University in Frankfurt am Main.

Chairman of the Board of the Hertie Foundation Frank J. Weise and Hertie School President Helmut K. Anheier presented the award to Baums, who was honoured for his contributions to corporate governance in Germany. Baums has advised national and international organisations, most importantly in his capacity as chairman of the government commission on Corporate Governance that led to the German Corporate Governance Codex.

“Throughout his career Professor Baums' research aimed at advancing policies and regulations on corporate governance, and he managed to bridge the gap between the academic world and policymaking, nationally as well as internationally,” said Helmut K. Anheier.

Baums plans to pursue the offer that accompanies the prize and advance his area of research through a series of events at the Hertie School and a subsequent publication.

Frank J. Weise, Theodor Baums and Helmut K. Anheier
Helmut K. Anheier

“This research prize, endowed with 50 000 euros, honours outstanding academic personalities, whose work centres on topics within the Hertie School’s research and teaching fields, and who have helped bridge academic research and policymaking,” said Frank J. Weise. “From my personal point of view we could not have found a better laureate.”

The prize is named for the long-time Chairman and current honourary Chairman of the Hertie Foundation’s Board of Trustees, Dr. Michael Endres, who was instrumental in founding the Hertie School in 2003 and who has helped guide its successful development since.

The Hertie School also welcomed 285 new students from 50 countries, kicking off the academic year 2017/18. Around 200 will complete a Master of Public Policy or a Master of International Affairs over the next two years. Fifty others are in Berlin on academic exchanges, and will return after a year to one of the Hertie School’s 26 partner institutions around the world. A further 25 are taking part in the Executive Programme, and 15 are pursuing doctoral degrees at the Hertie School.

The opening lecture, titled 'Fragility and resilience: What can save Europe from itself?',was delivered by Ivan Krastev, the Bulgarian political scientist and Director of the Centre for Liberal Strategies.