Corporate governance framework for European companies: what needs to be improved? Published on: 30/03/2011, Last update: 07/04/2011
- Deadline: 22/07/2011
One of the lessons of the financial crisis is that corporate governance, until now usually based on self-regulation, was not as effective as it could have been. Therefore, the European Commission has launched a public consultation that addresses the ways in which corporate governance of European companies can be improved. Corporate governance is traditionally defined as the system by which companies are managed and controlled.