Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-29-Speech-4-360-812"

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"I voted in favour of this report because in it, the European Parliament assesses the Green Paper on the EU corporate governance framework proposed by the Commission. In its report, Parliament stresses that it is essential to create a more transparent, stable, reliable and accountable corporate sector in the EU, with improved corporate governance. It is therefore regrettable that important corporate governance issues such as board decision making, directors’ responsibility, directors’ independence, conflicts of interest or stakeholders’ involvement have been left out of the Green Paper by the Commission. Parliament also stresses that it is a prerequisite that a well-governed company should be accountable and transparent to its employees, shareholders and, where appropriate, to other stakeholders. I welcome the position expressed by Parliament that the corporate sector should take social, ethical and environmental concerns into account in its practices, and also strive for better economic performance and stimulate the creation of decent jobs."@en1

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