Employee share ownership and the EU corporate governance framework

EFES NEWSLETTER – DECEMBER 2011 Employee share ownership and the EU corporate governance framework In 2011, the European Commission published a Green Paper and they organized a public consultation about the EU Corporate Governance Framework. Question 23 was about employee ownership: “Are there measures to be taken, and is so, …

New facts about employee ownership in November 2011

EFES NEWSLETTER – NOVEMBER 2011 Euroshareholders Euroshareholders is the organization of European shareholders associations. It was founded in 1992 while the European Federation of Employee Share Ownership was founded in 1998. Both organizations developed a good cooperation for many years, considering a number of common objectives regarding corporate governance in …

UK Companies Act Provides Guidance for Investment Fiduciaries

An article from Sustainable Financial Markets Posted: 20 Apr 2011 10:41 AM PDT Catherine Howarth and Christine Berry write: There’s a fundamental inconsistency at the heart of the UK corporate governance framework. Company directors’ duties under the Companies Act are based on the concept of ‘enlightened shareholder value’: the UK …