Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-28-Speech-3-272-000"
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"en.20120328.23.3-272-000"2
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"Mr President, Mr Barnier, ladies and gentlemen, the approach taken in this corporate governance framework is a very good and very important one. We could have used this as an opportunity to respond forcefully to the symptoms of the crisis and to reappraise the possible causes.
Unfortunately, this is not covered by this report to the extent that we would have liked. As the previous speaker has already said, there were very different approaches here. One of these concerned social responsibility and long-term thinking, rather than focusing only on short-term profit margins in boards and in shareholders’ meetings. This was about resolving the question of who the companies should be responsible to. Is it a narrow view of responsibility which restricts itself to boosting short-term profits and focuses all the activities of the business on this area? Or do we have an obligation to go a step further in this respect? This structure is not here for nothing. Its purpose is to include other aspects, such as the codetermination of employees, longer-term thinking and focusing on factors other than short-term profit. We would like to see not just clever explanations or attractive websites with references to social responsibility, but also opportunities for imposing sanctions. Otherwise this simply will not work.
That also applies to the quotas for women. Once again I would like to make it very clear that, unfortunately, nothing has ever happened of its own accord for the women of this world."@en1
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