Tuesday, October 04, 2005

Corporate governance: Commission consults on minimum standards that should apply to shareholders’ rights


The Commission Action Plan on modernising company law and enhancing corporate governance in the European Union recognised that improving the rights of shareholders of companies across the Member States was a priority. The exercise of the voting right in absentia and the timely access of shareholders to the complete information relevant to general meetings must be facilitated. Potential improvements to the rights to ask questions and table resolutions should also be explored These facilities should be offered to shareholders across the EU. Specific problems relating to cross-border voting should therefore be solved.

See Comments and Press Release