Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-05-11-Speech-3-376-187"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-05-11"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"ro"^^xsd:language2
lpv:document identification number	"en.20110511.28.3-376-187"2
lpv:hasSubsequent	lp_eu:2011-05-11-Speech-3-376-1562
lpv:speaker	lp:Petru Constantin Luhan2
lpv:spokenAs	member; Delegation for relations with Switzerland and Norway and to the EU-Iceland Joint Parliamentary Committee and the European Economic Area (EEA) Joint Parliamentary Committee (2009-09-16--2014-06-30)3 substitute; LIBE (2009-07-16--2012-01-18)3 member; EPP (2009-07-14--2014-06-30)3 substitute; SEDE (2009-07-16--2012-01-18)3 unknown; Partidul Democrat-Liberal (2009-07-14--2014-06-30)3 member; REGI (2009-07-16--2012-01-18)3 substitute; Delegation for relations with Australia and New Zealand (2009-09-16--2011-12-19)3
lpv:translated text	"The financial crisis has highlighted the lack of effectiveness of the current corporate governance principles. It is now vital for the lessons to be learnt from what has happened to avoid a similar situation recurring in the future. The area of corporate governance is evolving all the time and it is the financial sector which has particular responsibility for serious, sustainable economic strategies. We must maintain the sound, stable and competitive nature of financial institutions so that they can make a contribution to economic growth. In this regard, I think that effective corporate governance must take into account equally the interests of all the stakeholders and, at the same time, the stability of the financial system. This will allow the market to operate at its optimum and consumers will show increased confidence in financial institutions and transactions."@en1

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