Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-02-19-Speech-2-288"
| Predicate | Value (sorted: default) |
|---|---|
| rdf:type | |
| dcterms:Date | |
| dcterms:Is Part Of | |
| dcterms:Language | |
| lpv:document identification number |
"en.20080219.31.2-288"2
|
| lpv:hasSubsequent | |
| lpv:speaker | |
| lpv:spoken text |
"In reply to both questions from the honourable Member, these are matters that should be dealt with by a Member State. In response to the question regarding what the Commission is going to do, the Commission has already done it.
My predecessor decided to make a recommendation in this particular area. Why did he decide on a recommendation rather than anything else? I have no doubt that it was for a whole variety of reasons, but primary among them would be the fact that there is no agreement on having a universal corporate governance code or company law regime in Europe. We would never be able to obtain such an agreement.
There are very many cultural differences in this whole area, and that would have been one of the reasons underpinning the decision of my predecessor to issue a recommendation in this particular regard.
With regard to the recommendation, our study has shown that the majority of Member States have introduced high disclosure standards regarding the remuneration of individual directors in the corporate governance code, and some have put it into binding legislation. The majority have also dealt with the recommendation as regards transparency on remuneration policy.
The second question regarding taxation is certainly a matter for each individual Member State to pursue in whatever way they think fit and in accordance with their national laws."@en1
|
| lpv:unclassifiedMetadata |
Named graphs describing this resource:
The resource appears as object in 2 triples