Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-28-Speech-3-275-000"
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"en.20120328.23.3-275-000"2
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"Mr President, Commissioner, ladies and gentlemen, the experience gained from the crisis leaves no doubt that we are in need of a more transparent, stable, reliable and accountable EU corporate sector with a higher level of governance. From the series of bankruptcies seen over the past few years we can conclude that responsible governance in itself is insufficient to prevent excessive risk-taking, and therefore there is a need to set up independent auditing and flexible rules that respect differences between the various corporate cultures. Initiatives for corporate governance must be accompanied by initiatives for the social responsibility of corporations. However, it is not advisable to confuse these two; this matter also spurred serious disputes during the preparation of this report.
Despite the fact that the report’s main concerns are extremely complex technical and theoretical solutions related to governance, it still comes as a great surprise that it is the matter of quotas that is generating heated disputes. What I find even more surprising is that even the opinions of the Committee on Industry, Research and Energy and the Committee on the Internal Market and Consumer Protection focused on this aspect. I believe that when discussing boards of directors we cannot avoid the matter of diversity, but I find that this is indeed not a central issue and the fate of the report should not depend on it. In my opinion we do need to be mindful of this issue, but professional background and expertise should definitely be taken into account, and should be just as important as diversity."@en1
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