Local view for "http://purl.org/linkedpolitics/eu/plenary/2017-03-13-Speech-1-081-000"

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"en.20170313.12.1-081-000"2
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"Mr President, Theresa May has made great theatre of her political will to restrain corporate excess, but so far we have seen little action. As research suggests that more than a third of big companies fail to comply with the UK’s currently voluntary code, she might do well to look to Europe for a progressive blueprint. This legislation improves the long-term commitment of shareholders in listed companies and strengthens the link between directors’ pay and performance, showing the EU’s progress towards a more transparent and responsible economy. Shareholders will have a say on directors’ pay. Details of how their pay has increased will be published so that it can be compared with the pay of employees and the company’s performance, something that last year’s Whitehall proposals tiptoed around. Disappointingly, public country-by-country reporting was dropped from the final legislation despite support from the Parliament and Commission. As Greens we will push hard to ensure that this most important weapon in our ongoing battle against corporate tax avoidance is advanced as rapidly as possible."@en1
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