Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-07-06-Speech-2-466"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-07-06"^^xsd:date2
dcterms:Is Part Of	lp_eu:Capital requirements for the trading book and for re-securitisations, and the supervisory review of remuneration policies - Remuneration of directors of listed companies and remuneration policies in the financial services sector (debate)2
dcterms:Language	"sk"^^xsd:language2
lpv:document identification number	"en.20100706.30.2-466"2
lpv:hasSubsequent	lp_eu:2010-07-06-Speech-2-4672
lpv:speaker	lp:Miroslav Mikolášik2
lpv:spokenAs	substitute; DROI (2009-07-16--2012-01-18)3 substitute; Delegation to the Euro-Latin American Parliamentary Assembly (2009-09-16--2014-06-30)3 substitute; Delegation for relations with Belarus (2009-09-16--2013-09-25)3 member; REGI (2009-07-16--2012-01-18)3 substitute; ENVI (2009-07-16--2012-01-18)3 member; Delegation for relations with the Korean Peninsula (2009-09-16--2014-06-30)3 unknown; Kresťanskodemokratické hnutie (2009-07-14--2014-06-30)3 member; EPP (2009-07-14--2014-06-30)3
lpv:translated text	"Inappropriate systems of remuneration contributed to excessive and careless risk taking at the expense of employees, savers, investors and overall economic growth, which finally also contributed to the financial and economic crisis. For this reason, I welcome the initiative leading to the regulation of remuneration policies in the financial services sector, which takes account of the fact that managers are often led by their own financial interests when managing a company. Excessive risk taking is also, in many cases, contrary to the long-term interests of a company and its shareholders. In the case of banks and other financial institutions, moreover, taxpayers are faced with the risk that they will have to take part in rescue measures in case of financial difficulties. In my opinion, we should ensure a high degree of transparency in remuneration and strengthen the rights of shareholders to supervise remuneration policies for company managers and to express their opinions on this at AGMs."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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