Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-29-Speech-4-275-000"

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"en.20120329.36.4-275-000"2
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"Madam President, the report on the corporate governance framework for European companies can be supported due to its respect for national governance rules and its lack of a top-down, rules-based approach. The Anglo-Saxon ‘comply or explain’ model has been recognised in the report as an important tool and I fully agree that deviation away from the code of conduct within the Member States should be explained by the company in question. Better functioning of existing governance rules and recommendations is preferred to a new European strict rules-based system and I applaud the efforts of this report to maintain Member State jurisdiction in this area while having belief in the sharing of best practice. I was, however, unable to support amendments tabled relating to the gender quotas. The gender imbalance is, without doubt, a major problem, but we should allow Member States and companies to address this issue without imposition of quotas from a European level. I voted in favour of this report and congratulate the rapporteur for his efforts, but I voted against measures on quotas from a European level."@en1
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