As the European Commission has proposed a revision of an EU directive on shareholders' rights, the European Socialists and Democrats today in Brussels called for a bolder reform strengthening employees and other stakeholders' participation.   

During a public hearing at the European Parliament with trade unionists, academics, and investors, the S&D members expressed their support for the Commission's decision to reform the shareholders' rights directive. However, they also pointed to the need for more radical and innovative measures to steer EU companies' decisions towards long-term and sustainable goals.

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