A corporate governance model for Europe: Is diversity sustainable?

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CEPS - Centre for European Policy Studies 1 Place du Congrès / Congresplein 1000 Brussels

Despite the recent setback in integration, due to the outbreak of the financial crisis, the European Union continues its journey towards greater economic and financial integration. Following the financial crisis we have seen a tidal wave of new EU-regulation addressing corporate governance, not only in the financial sector. More will also come in the area of company law for the "capital markets union". As a result, the new European Commission will have to face important questions on how to develop an ecosystem around corporate governance, which works for the single market.

Would a more harmonized regulatory eco-system affect the diversity of European corporate governance models? Are different national corporate governance regimes compatible with European integration? Can competition between governance models deliver integration and efficiency for the single market? How are main corporate governance models developing in European countries and worldwide, in the aftermath of the financial crisis? And could the Nordic corporate governance model be a model for Europe?

The seminar will be also the occasion to present a new book, written by a Nordic expert group, on the Nordic corporate governance model, which has created a unique environment for the development of some of the world leading companies. The authors stress, in particular, that the Nordic model creates incentives for shareholders to be engaged and take a long-term approach to the companies that they own.

The event report is available here.


  • Ronald Gilson, Professor of Law and Business, Stanford Law School
  • Jacob Wallenberg, Chairman, Investor AB, the industrial holding company of the Wallenberg family
  • Alessio Pacces, Professor of Law and Finance, Erasmus School of Law, Erasmus University Rotterdam
  • Joanna Cound, Managing Director, Government Affairs & Public Policy, BlackRock
  • Jeroen Hooijer, Head of Unit, DG Justice and Consumers, European Commission.

Moderated by Diego Valiante, Ph.D., Head of Financial Markets and Institutions, CEPS - Head of Research, ECMI.


  • Participation in ECMI-CEPS meetings is a benefit of ECMI and CEPS membership. ECMI and CEPS members register free of charge. EU and national officials, academics (including PhD students), NGOs (not representing a commercial interest) as well as press are also admitted free of charge.
  • Other participants may be admitted for €125 (VAT inclusive, payable in advance). If you have questions regarding membership or participation, please contact karin.lenk@ceps.eu before registering.
  • Registration will be open from 12h45 onwards. A sandwich lunch will be served before the event.
Event report450.89 KB