Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-29-Speech-4-363-988"

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"en.20120329.36.4-363-988"2
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"The report in its final form is, I believe, sensible and balanced. I particularly appreciate the fact that the EU is not going down the route of unification and the establishment of universal regulations for company management in this area, emphasising instead the issuing of recommendations to individual Member States and the sharing of good practice. I am concerned that the Commission, in its Green Paper, emphasised the unitary system of corporate governance, and barely reflected the importance of the dual system at all. There is also a need to pay great attention to transparency and conflict of interest in corporate governance. When placing obligations on businesses and their governing boards, it is necessary always to bear in mind the fact that the various measures should be proportionate to the size of the company, and should not create an additional administrative burden."@en1

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