Press Release: Commission plans to modernise European company law and corporate governance

The European Commission adopted an Action Plan outlining future initiatives in the areas of company law and corporate governance in December 2012.

European company law and corporate governance should make sure that companies are competitive and sustainable. The Commission's analysis and consultations over the last two years clearly indicate that further improvements can be made, by encouraging and facilitating long-term shareholder engagement, by increasing the level of transparency between companies and their shareholders and by simplifying cross-border operations of European undertakings.

• Primary Source

European Commission: Memo/12/972: Action Plan on European company law and corporate governance: Frequently Asked Questions http://europa.eu/rapid/press-release_MEMO-12-972_en.htm

Blog: Social Europe Journal, 20.12.12: A Stakeholder Approach to EU Corporate Governance – Waiting for Godot? http://www.social-europe.eu/2012/12/a-stakeholder-approach-to-eu-corporate-governance-waiting-for-godot/

European Commission: The EU Single Market: Company Law: Modernisation of company law and enhancement of corporate governance http://ec.europa.eu/internal_market/company/modern/index_en.htm

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