BusinessEurope comments on EP vote on shareholders rights

Following today’s plenary vote BusinessEurope supports the European Parliament’s emphasis on shareholder engagement. A new EU framework on shareholder identification will bring companies and investors closer together to work towards long-term and sustainable objectives. Markus J. Beyrer, Director General of BusinessEurope, said: “Stock markets lost 1,000 listed companies in only 6 years due to different factors, not the least due to the costs of complying with existing legislation. A better balance is needed to ensure that stock markets remain an attractive way to raise capital, vital to achieve more growth and employment.”