Will the ‘freedom of establishment’ – one of the basic freedoms in the Treaty on the Functioning of the European Union (TFEU) – mean that companies can pick and choose the national regulatory regime most favourable to them? Or will it mean that companies will be constrained in their ability to avoid taxation and workers’ […]
A Step But Not A Leap: The Commission’s New Proposal For Non-Fianancial And Diversity Reporting
Last week the Commission released its long-awaited proposal for a Directive regarding disclosure of non-financial and diversity information. The Commission’s explanation of the motivation for this proposal is straightforward: “…only a limited number of EU large companies regularly disclose non-financial information, and the quality of the information disclosed varies largely, making it difficult for investors […]
A Stakeholder Approach to EU Corporate Governance – Waiting for Godot?
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 […]
DG Internal Market and Worker Involvement: Where’s the Beef?
With the halftime of the “new” European Commission rapidly approaching, more and more observers are asking “where’s the beef?” with regard to DG Internal Market’s approach to worker involvement. The expression “where’s the beef?” first became popular in the US in the 1980s in a TV commercial made by the fast food chain Wendy’s, where […]
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