Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-28-Speech-3-265-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-03-28"^^xsd:date2
dcterms:Is Part Of	lp_eu:Corporate governance framework for European companies (debate)2
dcterms:Language	"en"^^xsd:language2
lpv:document identification number	"en.20120328.23.3-265-000"2
lpv:hasSubsequent	lp_eu:2012-03-28-Speech-3-266-0002
lpv:speaker	lp:Kay Swinburne2
lpv:spoken text	"Mr President, Ashley Fox, the rapporteur for the Committee on Economic and Monetary Affairs, has asked me to speak on his behalf this evening and extends his thanks to Mr Bodu and all the shadows. Previously Member States have taken different approaches in how they promote good corporate governance, often as a result of their different company law. It is time to establish best practice across the EU to improve corporate governance for all companies. Best practice is constantly evolving, and setting prescriptive rules may hinder the development of new methods and techniques that improve the overall corporate governance of companies. This is why we welcome Mr Bodu’s report, which has achieved broad cooperation and support for the principle of ‘comply or explain’. Many of the issues in the field of corporate governance are not black and white and overly defined rules could lead to a tick-box approach, which could take us back many years. We want better qualified directors and more actively engaged shareholders to ensure better run companies across Europe. The ECR does not support mandatory quotas on company boards, but does support the many voluntary moves that are currently under way to encourage more diversity, not just on boards but at all levels of management of companies. And a plea to the Commissioner: forced diversity often does not bring the same benefits that the voluntary schemes provide in terms of overall cultural change, especially in changing how business leaders choose to manage their companies."@en1
lpv:spokenAs	substitute; CULT (2012-01-25--2014-06-30)3 substitute; Delegation for relations with Switzerland and Norway and to the EU-Iceland Joint Parliamentary Committee and the European Economic Area (EEA) Joint Parliamentary Committee (2009-09-16--2014-06-30)3 substitute; Delegation for relations with the Palestinian Legislative Council (2009-10-19--2014-06-30)3 member; ECON (2012-01-19--2014-06-30)3 unknown; Conservative Party (2009-07-14--2014-06-30)3 member; PECH (2009-07-14--2014-06-30)3
lpv:unclassifiedMetadata	"Kay Swinburne,"1 "on behalf of the rapporteur for the opinion of the Committee on Economic and Monetary Affairs. −"1
lpv:videoURI	<go to Events_and_structure europarl>2

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