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Image header Agence Europe
Europe Daily Bulletin No. 9443
Contents Publication in full By article 29 / 46
GENERAL NEWS / (eu) eu/financial services

Study sheds light on widespread use of mechanisms to strengthen voting rights in listed companies

Brussels, 11/06/2007 (Agence Europe) - Published last week by the Commission, an external study shows that control-enhancing mechanisms (CEM) of voting rights in listed companies are widespread in the EU. Under corporate law, CEM are understood to be mechanisms such as multiple-voting rights, voting caps, and non-voting preferential shares, as well as tools such as shareholders' agreements, cross-shareholding and company pyramids. Out of the 19 jurisdictions studied (16 EU member states plus...

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