Report of the Reflection Group on the Future of EU Company Law
82 Pages Posted: 27 May 2011
Date Written: April 5, 2011
This Report, the work of the "Reflection Group on the Future of EU Company Law" set up by the European Commission in December 2010, addresses current problems and trends in EU company law and makes recommendations for legislative initiatives to be undertaken at the EU level. The Report, after analysing the means and purposes of EU company law harmonization, mainly focuses on issues of cross-border mobility and corporate governance. Among others, the Report recommends new measures to: a) facilitate companies' mobility within the EU; b) improve companies' transparency; c) address myopic behavior in financial markets; and d) ease the integrated management of companies belonging to a group.
Keywords: European Commission, Corporate Governance, Company Law, Cross-Border Mobility, Harmonization, Regulatory Competition, Regulatory Arbitrage, Groups of Companies, Simplification, Centros, Freedom of Establishment, Co-determination, Long Term Ownership, Transfer of Seat
JEL Classification: G34, G38, H77, K22, K31
Suggested Citation: Suggested Citation