Local view for "http://purl.org/linkedpolitics/eu/plenary/2004-04-19-Speech-1-102"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2004-04-19"^^xsd:date2
dcterms:Is Part Of	lp_eu:Modernising company law and enhancing corporate governance2
dcterms:Language	"sv"^^xsd:language2
lpv:document identification number	"en.20040419.8.1-102"2
lpv:hasSubsequent	lp_eu:2004-04-19-Speech-1-1032
lpv:speaker	lp:Per-Arne Arvidsson2
lpv:spokenAs	substitute; Delegation to the European Economic Area Joint Parliamentary Committee (EEA) (2002-03-07--2004-07-19)3 substitute; Committee on Culture, Youth, Education, the Media and Sport (2002-01-17--2004-07-19)3 member; Committee on Foreign Affairs, Human Rights, Common Security and Defence Policy (2002-10-24--2004-07-19)3 member; Delegation to the EU-Czech Republic Joint Parliamentary Committee (2002-02-07--2004-04-30)3 substitute; Committee on Industry, External Trade, Research and Energy (2002-10-23--2004-07-19)3 member; EPP-ED (1999-07-20--2004-07-19)3 unknown; Moderata samlingspartiet (1999-07-20--2004-07-19)3
lpv:translated text	". Mr President, the opinion given by the Committee on Industry emphasises the need for the principles of corporate governance to be dynamic and flexible. The subsidiarity principle should be followed in order to leave scope for distinctive national features and traditions in the area, and we must avoid central corporate governance as far as possible. We must not strive for harmonisation of different codes of corporate governance. The share of voting power for different types of share is another example of what should not be decided at EU level, as this would cause problems for small- and medium-sized enterprises, or future companies, in some EU countries. Instead, what European industry needs is even greater openness and transparency in governance and accounting. This will improve the future flow of capital and market position. I note that some of the rapporteur’s views conflict with the committee’s opinion, but I wish to point out that there was a broad consensus on the adoption of the opinion and that it accords well with the Commission communication."@en1

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