Institutional Shareholder Services (ISS), Shearman & Sterling LLP and the European Corporate Governance Institute (ECGI) win European Commission contract to study the proportionality between ownership and control in EU listed companies
The European Commission has commissioned a research report to understand an important corporate governance issue: the proportionality between ownership and control. This study is part of the Commission’s efforts to base any policy initiatives it might wish to take in this area on objective data.
Institutional Shareholder Services (ISS), the leading global proxy voting and corporate governance solutions provider, has been appointed to deliver this research in collaboration with the global law firm Shearman and Sterling LLP and the European Corporate Governance Institute (ECGI).
“The study represents the essential starting point for any further discussion on the adequacy of control to capital,” said Charlie McCreevy, European Commissioner for Internal Market and Services. It will provide a full, systematic picture of the essential features of Corporate Europe that the European public opinion is waiting for. Any discussion about how to move on, about possible initiatives in this area, needs to be based on sound facts.”
See full Press Release, in pdf format.
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