SHAREHOLDERS RIGHTS – EU
May 1st, 2005
BY KEITH NUTHALLTHE EUROPEAN Commission has launched another initiative aimed at increasing transparency and openness in European Union (EU) business dealings: a public consultation exercise on shareholders' rights. Brussels wants accounting and auditing experts to comment on easing their monitoring of stock lending agreements and the status of depository receipt holders. It also wants to explore how the EU could ensure the dissemination of relevant information before general meetings, maybe using new electronic communications. The idea, said a Commission note, ...
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