Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-28-Speech-3-266-000"

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". Mr President, ladies and gentlemen, it is very important that the corporate system organise itself and be encouraged to help us overcome the terrible crisis we are in by improving corporate governance and the governance model, thus improving its objective competitiveness. But how can corporate governance be improved? I believe that the methods indicated in the report by Mr Bodu are a useful tool for closely examining and developing this reasoning. There is a need for greater transparency in current governance and firms must be willing and able to adopt socially responsible practices, but no longer on a voluntary basis, but by introducing constraints that are also accompanied by stimulation and incentives. Next, the labour and the rights of those working in corporations must always be respected, whatever their level of responsibility. For this reason, there are three characteristics that are of greater value than others. We must first encourage women’s representation through gender quotas. I say this explicitly: moral persuasion in this case will not lead us anywhere. We then need to capitalise on shareholders’ involvement irrespective of their origin, whether they be workers or outsiders to the corporation. Finally, if we really want practical sustainability goals, a significant portion of wages and salaries also needs to be linked to these and therefore serve as an incentive to achieving the final objective."@en1
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