Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-29-Speech-4-363-976"

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"en.20120329.36.4-363-976"2
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"I voted in favour of this report on a corporate governance framework for European companies because it is important to create a more transparent, stable and accountable corporate sector in the EU, with improved corporate governance. A revision of the EU corporate governance framework is essential for avoiding an excessive bureaucratic burden and increasing the competitiveness of EU companies. The review of the EU corporate governance framework must take account of the rights and duties conferred on the various company bodies under national law and, in particular, the differences between unitary and dual systems. There is also a need for independent auditing and rules respecting the different corporate cultures in the EU. The 2004 OECD definition of corporate governance, according to which corporate governance involves a set of relationships between a company’s management, its board, its shareholders and other stakeholders, should be further promoted."@en1

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