Deloitte forum examines governance issues in Europe

A knowledge-sharing business form organised by
Deloitte has seen 120 business leaders
meet in Rome to address the economic challenges in Europe and related corporate
governance and talent management issues.

Corporate governance and talent management issues are considered essential
ingredients to protect and create shareholder value for European and global
companies, and for sustainable business and economic development.

The guest speaker at the forum was
José María
Aznar, the former prime minister of Spain, who shared his thoughts on the
development of Europe.

Aznar said: ‘Europe as a whole is now growing at practically half the rate of
growth of the world economy. It is disappointing that Europe is only able to
expand at the same rate as the US economy.

James
H. Quigley, the new CEO of Deloitte, said at the forum, ‘In order to sustain
economic development there must be trust in the capital markets systems. Current
corporate governance models, regardless of where they are in the world, were
developed to generate such trust, and companies that embrace good governance
will have a competitive advantage and be sustainable in the long term.’

Further reading:

Cross Atlantic debate persists

Europe makes VAT reform plea