Corporate Governance, a new European model.
A newly established Public Limited company asks the Firm for advice in order to identify the best corporate governance model to be adopted with a view to transnational operations and presence in several European countries.
The client company, expresses its willingness to become a European company and also asks what is the most flexible and economic model to be adopted with a view to simplifying corporate governance to facilitate a simpler and less bureaucratic management.
The Firm supports the company in the start-up and in the constitution suggesting the adoption of a model of corporate governance of a monistic type, the most inclined to management flexibility and to be understood in Europe.
The EU Regulation n.2157 / 2001, in fact, expressly provides this type of system in the statute of the European companies. This system turns out to be particularly familiar to the Anglo-Saxons accustomed to corporate governance composed of board of directors and audit committees.
The client is then shown the operation and composition of the single-tier system formed by the Board of Directors and the control body with the related requirements.