Eumedion operates as representative of the interests of institutional investors in the field of corporate governance. It is the objective of Eumedion to maintain and further develop good corporate governance on the basis of the responsibility of institutional investors established in the Netherlands and to advance the acceptance of and compliance with generally accepted corporate governance standareds by listed companies and institutional investors in the Netherlands and Europe in particular.
Eumedion endeavours to achieve this objective by the following means:
- encouragement of joint consultations between institutional investors and with listed companies and their representative organizations,
- consultation with the Dutch government, institutions of the European Union, other relevant authorities and sectoral organizations,
- influencing legislation and regulations,
- providing service in the field of corporate governance to its members,
- other activities that advance the objective of Eumedion.
Eumedion has no profit-making objective. Although Eumedion has the legal form of a foundation, just like the SCGOP, it has many of the features of an association. The Members’ Meeting, for example, has a right to adopt the annual policy plan (including the budget) and a right to approve the annual accounts, the authority to grant the Board discharge from liability for its management every year and the power to dismiss the entire Board. Each member has one vote.
Please find below a number of relevant documents about Eumedion.
Eumedion position paper on engaged shareownership (19 March 2010)
Recommendations of prof. Kemna and prof. Van de Loo on the relations between board directors and shareholders (commissioned by Eumedion, published on 7 October 2009)
Eumedion spearheads letter 2010 AGM season
Eumedion Principles on Executive Remuneration (adopted 7 October 2009)
Eumedion spearheads letter 2009 AGM season
Eumedion position paper on hidden ownership and empty voting (17 November 2008)
Eumedion recommendations on the authorization to repurchase own shares and on accountability for the dividend policy (published 23 July 2008)
Policy Plan 2007
Eumedion spearheads letter 2007 AGM season
Spearhead 1 2007 AGM season: The organization of the AGM
Spearhead 2 2007 AGM season: Recommendations on executive remuneration
Eumedion Thesis Prize 2006
Eumedion comments on Shareholder rights Directive Proposal
Eumedion spearheads letter 2006 AGM season
Policy Plan 2006
Business plan Eumedion
Membership agreement
Article IPE Netherlands, February 2006
Article IPE.com 13 January 2006
Article Global Pensions 13 January 2006
Article Global Pensions 10 January 2006
Article IPE.com 22 December 2005
Article IPE.com 17 November 2006
Press notice 4 October 2005
Press notice 7 June 2005
Please find below some interesting research reports of Eumedion or of Eumedion members:
Hermes report "Corporate Governance and Performance"
The forerunner of Eumedion, the Foundation for Corporate Governance Research for Pension Funds (SCGOP), was already since 1998 active and published a.o. the following documents.
Recommendations about executive remuneration
Manual Corporate Governance 2004
Activities in 2005
2004 Annual Report
General Information about SCGOP
