Company Law, Modernisation of Company Law and Enhancement of Corporate Governance, European Corporate Governance Forum

European Corporate Governance Forum


Overview

In its 2003 Action Plan on modernising company law and enhancing corporate governance in the European Union the Commission considered as a priority to encourage the co-ordination and convergence of national codes through regular high level meetings of the European Corporate Governance Forum. The Commission specified that the Forum, to be chaired by the Commission, could meet two or three times a year and that it would comprise representatives from Member States, European regulators (including CESR), issuers and investors, other market participants and academics.

The European Corporate Governance Forum was first set up at the end of 2004 and held its first meeting in January 2005. In 2008, the mandate of the Forum was renewed and its composition slightly changed. Part of the work programmePDF will be an evaluation of the effectiveness of monitoring and enforcement systems that the Member States have put in place with a view to the national corporate governance codes. In November 2009, DG Internal Market published an external study that should provide a basis for the Forum’s work on this subject. Since its setting up, the Forum has issued a number of statements and recommendations to the Commission. Furthermore, it publishes annually a report on its activities. Also the minutes of its meetings are made available on this website.


News

11.11.2011 Publication of the Annual Report 2011 PDF
09.08.2011 The mandate of the Forum expired in July 2011. The Commission will consider how best to involve experts in future developments in EU corporate governance, in the light of responses to the April 2011 Green Paper.
01.08.2011 Minutes of the Forum meeting of 9 June 2011 PDF
12.05.2011 Publication of the Annual Report 2010
18.04.2011 The Forum publishes a statement on significant transactions for listed companies
10.03.2011 The Forum publishes a statement on related party transactions
08.03.2011 Next meeting of the Forum on 9 June 2011 and minutes of the Forum meeting on 11 February 2011
05.01.2010 Next meeting of the Forum on 11 February 2011 and minutes of the Forum meeting of 26 November 2010
08.11.2010 Minutes of the Forum meeting of 20 September 2010
26.08.2010 Minutes of the Forum meeting of 2 June 2010
10.05.2010 Minutes of the Forum meeting of 19 February 2010
  Publication of the Annual Report 2009
20.02.2010 The Forum publishes statement on empty voting and transparency of shareholder positions
14.01.2010 Minutes of the Forum meeting of 4 November 2009
18.11.2009 Publication of the study on “comply-or-explain

Presentation of the Forum

02.07.2008 Commission appoints new members of European Corporate Governance Forum
 
  • Press release
  • New list of Members of the European Corporate Governance Forum PDFEnglish
18.10.2004 Commission announces the creation of the European Forum
 
  • Press release
  • Commission decision of 15 October 2004 establishing the European Corporate Governance Forum PDFDeutschEnglishFrançais
  • Speech of F. Bolkestein

Statements and recommendations

18.04.2011 Statement of the European Corporate Governance Forum on significant transactions for listed companies
  • Statement PDFEnglish
10.03.2011 Statement of the European Corporate Governance Forum on related party transactions for listed companies
20.02.2010 Statement from the European Corporate Governance Forum on on empty voting and transparency of shareholder positions
  • Statement PDFEnglish
24.03.2009 Statement from the European Corporate Governance Forum on executive remuneration
24.03.2009 Statement from the European Corporate Governance Forum on Cross-border issues of Corporate Governance Codes
 
  • Statement  PDFEnglish
12.09.2007 Statement from the European Corporate Governance Forum on the question of proportionality between capital and control and paper from the Forum’s working group
 
  • Statement PDFEnglish
  • Paper from the Forum’s working group PDF - 11 KBEnglish
24.07.2006 Recommendation from the European Corporate Governance Forum on the Commission proposal for a directive on the exercise of shareholders’ voting rights
 
  • Recommendation PDF - 13 KBEnglish
  • Annex PDF - 75 KBEnglish
24.07.2006 Statement from the European Corporate Governance Forum on internal control
 
  • Statement PDF - 19 KBEnglish 
06.03.2006 Statement from the European Corporate Governance Forum on the principle of “comply-or-explain”
 
  • Press release
  • Statement from the European Corporate Governance Forum on the principle of “comply-or-explain” PDF - 34 KBEnglish

Annual reports

Article 7 of the Commission decision of 15 October 2004 setting up the Forum provides for the production of an annual report. The annual reports are made public and are transmitted to the European Parliament for information.

  • Annual Report 2010 PDFEnglish
  • Annual Report 2009 PDFEnglish
  • Annual Report 2008 PDFEnglish
  • Annual Report 2007 PDFEnglish
  • Annual Report 2006 PDF - 14 KBEnglish
  • Annual Report 2005 PDF - 14 KBEnglish

Minutes of the meetings

09.06.2011 Meeting of the European Corporate Governance Forum
 
11.02.2011 Meeting of the European Corporate Governance Forum  
 
  • Minutes PDFEnglish
  • Agenda PDFEnglish
26.11.2010 Meeting of the European Corporate Governance Forum  
 
  • Minutes PDFEnglish
  • Agenda PDFEnglish
20.09.2010 Meeting of the European Corporate Governance Forum  
 
  • Minutes PDFEnglish
  • Agenda PDFEnglish
02.06.2010 Meeting of the European Corporate Governance Forum  
 
  • Minutes PDFEnglish
  • Agenda PDFEnglish
19.02.2010 Meeting of the European Corporate Governance Forum
 
  • Minutes PDFEnglish
  • Agenda PDFEnglish
04.11.2009 Meeting of the European Corporate Governance Forum
 
  • Minutes English
  • Agenda PDFEnglish
19.05.2009 Meeting of the European Corporate Governance Forum 
 
  • Minutes English
  • Agenda PDFEnglish
17.02.2009 Meeting of the European Corporate Governance Forum 
 
  • Minutes PDFEnglish
  • Agenda PDFEnglish
25.11.2008 Meeting of the European Corporate Governance Forum
 
  • Minutes PDFEnglish
  • Agenda PDFEnglish
28.05.2008 Meeting of the European Corporate Governance Forum
 
  • Minutes PDFEnglish
  • Agenda PDFEnglish
22.11.2007 Meeting of the European Corporate Governance Forum
 
  • Minutes PDFEnglish
  • Agenda PDFEnglish
19.06.2007 Meeting of the European Corporate Governance Forum
 
  • Minutes PDFEnglish
  • Agenda PDF - 11 KBEnglish
12.04.2007 Meeting of the European Corporate Governance Forum
 
  • Minutes PDF - 34 KBEnglish
  • Agenda PDF - 11 KBEnglish
16.02.2007 Meeting of the European Corporate Governance Forum
 
  • Minutes PDF - 14 KBEnglish
  • Agenda PDF - 14 KBEnglish
09.11.2006 Sixth meeting of the European Corporate Governance Forum
 
  • Minutes PDF - 47 KBEnglish
  • Agenda PDF - 14 KBEnglish
01.06.2006 Fifth meeting of the European Corporate Governance Forum
 
  • Minutes PDF - 47 KBEnglish
  • Agenda PDF - 14 KBEnglish
20.01.2006 Fourth meeting of the European Corporate Governance Forum 
 
  • Minutes PDF - 34 KBEnglish
  • Agenda PDF - 14 KBEnglish
21.11.2005 Third meeting of the European Corporate Governance Forum 
 
  • MinutesPDF - 34 KBEnglish
  • Agenda PDF - 10 KBEnglish
20.06.2005 Second meeting of the European Corporate Governance Forum 
 
20.01.2005 First meeting of the European Corporate Governance Forum
 

Last update: 14.11.2011