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.

European Parliament takes Consumer and Investor Protection Seriously in Financial Supervision Reform

BETTER FINANCE welcomes the latest amendments adopted by the ECON Committee to the reform of the European System of Financial ...

Three ways the fund industry can address the trust deficit

Proxy advisers have been mired in controversy due to perceived conflicts of interest and doubts about the adequacy of their ...

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 ...
/ Press Releases, Supervision & Redress

ESMA announced the New Members of its Securities and Markets Stakeholder Group (SMSG)- Four of them are from BETTER FINANCE and its Member Organisations

On 6 December the European Securities and Markets Authority (ESMA) announced the new composition of its Securities and Markets Stakeholder ...

MERCK Wins the EUROSHAREHOLDERS’ Awards Thanks to most Shareholder-friendly Director’s Pay System

28 November 2018 - Yesterday evening Euroshareholders, the shareholders branch of BETTER FINANCE, announced the winners of the 2018 Euroshareholders ...

Reservations regarding the proposed Market in Financial Instruments Act (ZTFI-1)

We are alarmed that for the second time in less than two years the Republic of Slovenia moves to curtail ...

BETTER FINACNE Feedback on the Commission’s Proposal for the Multiannual Financial Framework for the period 01/01/2021-31/12/2027

BETTER FINANCE welcomes this opportunity to comment on the proposal for a regulation establishing the programme for a single market ...

ECON’s draft report on the review of the European Financial Supervisors: disappointing for European NGOs and financial services users

On Tuesday 10th of July, the European Parliament co-rapporteurs published a disappointing draft report on the review of the European ...

BETTER FINANCE’s feedback on a Simplified prospectus for companies and investors in Europe.

BETTER FINANCE welcomes this opportunity to comment on the European Commission’s roadmap on a “Simplified prospectus for companies and investors ...
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