Last week the European Commission published its long-awaited Action Plan on European Company Law and Corporate Governance. [1] Given the direction the political winds are blowing these days in Brussels, the general thrust of the Action Plan should not be a surprise. Nevertheless, those hoping for a departure from the ‘shareholder value’ philosophy which has dominating the Commission’s approach the past decade can’t help but be disappointed. (By Sigurt Vitols)
Action Plan: European company law and corporate governance – 12.12.2012 | Consultation on the future of European Company Law – 20.02.2012 | Conference on “European Company Law: the way forward” – 16–17.05.2011