Corporate Governance Package aims to foster transparency and greater shareholders engagement, argues European Commission

Jennifer Baker is joined by Pia Ahrenkilde Hansen, spokeswoman of the European Commission, to discuss the Corporate Governance Package.

Ahrenkilde Hansen explains that the package is one of the actions which were set out in the long term financing of the European economy package. The aim of Corporate Governance Package is to foster greater shareholders engagement and transparency, which would help to improve the corporate governance of companies listed on the stock exchange, she adds. The Corporate Governance Package – due to be adopted on April 9 – is also aimed at increasing competitiveness and long-term sustainability of these companies.