Date: 5th October 2016
Author:
Type: In the news
EuroFinUse published its Position Paper on the European Commission Action Plan on Company Law and Corporate Governance.
In an effort to complement and improve the proposal we focus on those points which in our opinion have not been addressed:
- The lack of response to the problems of cross-border shareholder voting;
- The establishment of an adequate treatment for non-profit proxy voting;
- Shareholder identification;
- Specific proposals supporting the long-term engagement of individual investors and promote longer holdings of shares (which simultaneously should not penalize necessary short-term tenure).