European Commission

 

GREEN PAPER

The EU corporate governance framework:

 

 

The Commission recently reiterated its commitment to a strong and successful single market which refocuses on citizens and regains their trust. As its Communication Towards a Single Market Act stated, ‘It is of paramount importance that European businesses demonstrate the utmost responsibility not only towards their employees and shareholders but also towards society at large’. Corporate governance and corporate social responsibility are key elements in building people’s trust in the single market. They also contribute to the competitiveness of European business, because well run sustainable companies are best placed to contribute to the ambitious growth targets set by ‘Agenda 2020’.

 

 

Source: European Commission – To download complete GREEN PAPER of The EU corporate governance framework please click on the following web link

http://ec.europa.eu/internal_market/company/docs/modern/com2011-164_en.pdf#page=2