ECB's Tumpel-Gugerell on financial integration

In the speech 'Financial integration, modernisation and competitiveness in Europe: achievements and challenges' given on 7 May Gertrude Tumpel-Gugerell of the ECB said minority shareholders need more protection against abuses by company insiders.

"Great care should be taken to ensure the effective protection of minority shareholders against expropriation by corporate insiders, for example via excessive executive remuneration, inadequate transfer pricing, company loans to insiders or outright

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