Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-05-18-Speech-2-235"

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"en.20100518.28.2-235"2
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"The governance of companies and their ethics is a critical issue, particularly in the current situation in which many shareholders are suffering losses on their investments because of violations of some of these principles. Good managers who are responsible and whose conduct is guided by ethics are central to the balanced decision-making process which leads companies to become competitive. When we talk about regulating certain ethical practices, we cannot forget the principle of private autonomy and that there must be a limit at which certain practices must be regulated. I also consider it essential for shareholders to participate more in and take more responsibility for ensuring that good administrators are rewarded by the market and that less ethical managers are punished, so that their practices do not harm the rights of shareholders or have a negative impact on the entire market."@en1

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