Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-07-07-Speech-3-176"

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"en.20100707.23.3-176"2
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"We voted in favour of Mr El Khadraoui’s report on the remuneration of directors of listed companies. In my country, France, most of these directors are recruited from senior branches of the civil service by co-option, make piles of money from attending board meetings and are paid bonuses. When they leave, they receive what are known as golden parachutes and award themselves remuneration that bears no relationship whatsoever to the actual contribution they make to companies, whose shareholders and employees moreover often suffer on account of their actions or ineptitude. This cynical behaviour is completely intolerable. It cannot go on. It absolutely must stop, if we want to avoid discrediting the market economy and capitalism."@en1
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