The Eu Corporate Governance Framework

GREEN PAPER The EU bodied governance manikin Good corporate governance is an essential ingredient for a strong private market. Measures taken at European level should therefore be designed to support a framework which facilitates high standards crossways the entire EU without imposing uniform solutions that do non fit individual market structures and cultures. Such a framework should continue to be based upon consensus around principles, transparency, and incentives to deliver. From the discordant questions and answers provided under we would like to highlight some themes: 1. Corporate governance edict is a very wide topic which has to take into contemplation specificity of each industries and companies it may therefore be dangerous and similarly ambitious to try to cover all the businesses types within a unique fair play we would be more in party favor of a more specific approach by sector and industry. 2. However we fully recognise that it is very important to shoot the breeze more obligations on governing bodies of corporate i.e. on boards, supervisory board, chairman CEO etc…The main aim would be to farther enhance transparency to fully protect stakeholders. 3.

On account and communication matters from companies it is, far more difficult to envisage masking all various topics related to governance through and through the law but we strongly believe that more transparency is nevertheless required to again better protect all the various stakeholders 4. A number of matters should remain within the hand of companies to charter without imposing them strict rules such as diversity, number of immaterial mandate a non-exec may have, etc…. The principle being that trounce practice will self impose in a number of aspect of business companies unwilling to play by best practice rules shall be anyway penalised later through its shares values, market sharing etc…. 5. Overall, further EU integration and in particular stock markets integration, may overall better protect... If you wishing to get a full essay, order it on our website: Orderessay

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