On Tuesday 14 March, the European Parliament approved the inter-institutional agreement reached in December of last year on the directive on the rights of shareholders of listed companies and major groups established in the European Union (see EUROPE 11685).
As the rapporteur, Sergio Cofferati (S&D, Italy) stressed, it has taken two and a half years of negotiations to reach this point (see EUROPE 11254). Many companies are managed by executives whose aim is an economic return in the...