Company shareholders would have a legally binding 'say on pay' under a new proposal by the European Commission published Wednesday (9 April).
The reform, which forms part of a re-write of the bloc's corporate governance law would cover the 10,000 European companies listed on the bloc's stock markets.
Internal market commissioner Michel Barnier said that the measures would "encourage shareholders to engage more with the companies they invest in, and to take a longer-term perspectiv...
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Already a member? Login hereBenjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.
Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.