Since 2012, BETTER FINANCE is the successor organisation to Euroshareholders, created in 1992 in Brussels to federate the associations of small shareholders throughout Europe.

The protection of the interests of individual shareholders are at the core of the mission of BETTER FINANCE. Individual shareownership of the European economy is very important to ensure an effective and long term financing of the real economy, as well as to improve the corporate governance of listed companies in Europe.Indeed, individual shareholders are mostly by nature long term investors and end-investors: they do bear the risks and rewards of share ownership contrary to “agency” ownership. They can also be “engaged” shareholders provided the exercise and enforcement of their rights are really there.

Unfortunately, financial EU policies have not been favorable overall to the development of individual share ownership in the EU despite the enactment of the EU Shareholders Rights Directive in 2007. As a result, the number of individual shareholders and their share of the EU listed EU companies capital has been going down during the last decades, to the benefit of “agency” ownership: investors who do not bear the risks and rewards of share ownership like investment funds. These agency owners have mostly a much shorter time horizon as demonstrated by their portfolio turnover rates, and charge fees to the beneficial owners.

BETTER FINANCE advocates for a stronger protection of individual shareholders rights.

International Conference - “Conduct of Investment Rules in the EU and worldwide” - Beirut, Lebanon
/ International Conference

International Conference – “Conduct of Investment Rules in the EU and worldwide” – Beirut, Lebanon

On Friday 28 June, Boulos Law Office, BETTER FINANCE and the World Federation of Investors are holding a joint conference ...
/ Press Releases, Other

BETTER FINANCE celebrates its 10-year Anniversary & elects Axel Kleinlein from the German BdV as its new President

At the beginning of the week, BETTER FINANCE and its Member Organisations gathered in Bucharest, Romania, to celebrate the 10-year ...

BETTER FINANCE’s response on “Targeted consultation on the draft guidelines on the standardised presentation of the remuneration report “

BETTER FINANCE welcomes the European Commission's report on standardised presentation of the remuneration and stresses the importance of these guidelines ...

An economic analysis by FESE of equity trading markets in Europe: What are the facts around price formation and market data costs?

Yesterday Oxera released a report entitled “The design of equity trading markets in Europe - An economic analysis of price ...

BETTER FINANCE Key Priorities for the Next Five Years │ 2019-2024

A strong European CMU requires the trust of citizens as individual investors, policy holders, pension savers and other savers. And ...
/ News, Supervision & Redress

UK accounting watchdog to be replaced by stronger regulator

The Financial Reporting Council (FRC), the UK’s accounting watchdog, is to be scrapped in favour of a stronger regulator with ...
The EUROFI High Level Seminar 2019
/ International Conference

The EUROFI High Level Seminar 2019

On 3-5 April Guillaume Prache, Managing Director of BETTER FINANCE will participate in an annual EUROFI event in Bucharest, where ...

The endorsement of International Financial Reporting Standards (IFRS) in the European Union and the role of EFRAG

By Jean Medernach - The main role of EFRAG, the European Financial Reporting Advisory Group, is to advise the European ...
EIB technical workshop with civil society
/ Workshop

EIB technical workshop with civil society

On 27 February, BETTER FINANCE's Policy Officer Edoardo Carlucci will participate in an engagement workshop with civil society organised by ...
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