2018 Sofia European Corporate Governance conference outcome
Corporate governance and company law are absolutely essential to the effective functioning of a market economy. They encourage trust, which in turn underpins a business environment that delivers sustainable and inclusive growth, jobs and prosperity, while transforming society for the better.
The culture, controls and accountability that stem from good corporate governance provide the foundation of trust without which our market system fails. Trust helps us to manage risk, make effective decisions and create value. It is a vital ingredient in the relationship between businesses and their myriad stakeholders.