What are the current governance issues: why is it necessary to strengthen the protection of shareholder rights?
What tools does academic research in this area offer to describe and comprehend the shareholder-management relationship?
What are the limits of the PACTE law and what can we propose to overcome these shortcomings?
These are the questions answered in particular by the recent note published by Rules for Growth, entitled “For true corporate governance in France”. This interview covers the essentials: from strategic issues around the Capital Markets Union to recent economic models describing the shareholder-management relationship as collaborative, Rules for Growth suggests ways to reduce the costs generated by corporate governance, in accordance with the economic analysis of law, in order to re-establish a balanced framework that encourages value-creating cooperation between management and shareholders.
