The European Commission is taking a...

The European Commission is taking a balanced approach in the use of instruments which are the pair legislative, referred to as directives, and non-legislative, also known as recommendations, to implement the Action Plan measures. The Action Plan is another name for the corporate governance measures released in succession May 21, 2003, by the European Union's European Commission. The legislative measures will have to be implemented in the national law of the present 15 and, as ...