Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-29-Speech-4-362-500"
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"en.20120329.36.4-362-500"2
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"On 5 April 2011, the Commission published its Green Paper on the EU corporate governance framework. This report concerns the EU corporate governance framework. We are aware of the importance that small and medium-sized enterprises have for the EU’s economic recovery, specifically as regards economic growth and job creation. It is therefore crucial to create a more transparent, stable and reliable European corporate sector. Despite the Green Paper’s important contributions, some corporate governance issues urgently need tackling, such as directors’ responsibility and independence, board constitution and decision making, conflicts of interest, and the involvement of stakeholders, particularly minority shareholders. We need companies that look to the future and do not just think about immediate profit to satisfy shareholders, but that seek to ensure the company’s stability and financial sustainability. I voted for this report, since the EU needs a new legislative framework which, as well as encouraging female participation on the boards of companies, sets out a range of measures promoting good governance."@en1
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