Now this is indeed a good step, the European Court of Justice has overturned a law which protected Volkswagen from hostile takeovers. While this is not going to make an immediate difference, but this is still an important step in the annals of European Corporate Governance.
This idea of national champions is frankly silly. If its not car making in Germany, its bloody yogurt manufacturing in France.
Minority shareholders are massively overlooked and I do think that the 1 share 1 vote principle should be pushed a bit more.
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