Top Corporate Lobby Group

Companies ranked in the European Employee Ownership TOP 100 are setting up a strong European lobby group.
Which changes in European legislations and practices should we pursue in order to facilitate multinational share plans? Which are companies' expectations regarding multinational employee ownership schemes and practices?
By joining the lobby group of The European Employee Ownership TOP 100, EFES is to suggest European largest employee ownership companies to have actions as follows :
- to set up a strong group of influence dedicated to the benefit of companies sharing employee ownership practices;
- to give the TOP 100 and its companies a wide publicity through various means including a European conference addressing to the European representatives, social partners and press the importance and benefits of employee ownership;
- to act towards European Affairs in order to emphasis the importance of employee ownership and to get enhancements enabling more efficient international share plans.

 Membership to the Corporate Lobby Group
Companies are invited to join the lobby group. Click here for information and membership to the lobby group

 For members of the Corporate Lobby Group
The lobby group had its first meeting on 14 June 2006, defining its first expectations and priorities.
Click here for details (reserved to members of the lobby group)

 Lobby Group's first priorities
1. Exchanges of practices: "We have things to learn from each others. Everyone of us meets various cases and situations or may have a specific expertise on some issue which could be useful for others."
2. Facilitations about administrative requirements, particularly regarding prospectus
3. Mutual recognition about financial and judicial entities
4. Tax harmonisation and stability, perpetuation of tax rulings
5. Relations with market authorities
6. IFRS and other accounting standards

 Action
17.07.2006: Italian Law Decree No. 223 removes income tax exemption for stock options

For information and contact
EFES - EUROPEAN FEDERATION OF EMPLOYEE SHARE OWNERSHIP
FEAS - FEDERATION EUROPEENNE DE L'ACTIONNARIAT SALARIE
Avenue Voltaire 135, B-1030 Brussels
Tel/fax: +32 (0)2 242 64 30
E-mail: efes@efesonline.org
Web site: www.efesonline.org
EFES' objective is to act as the umbrella organization of employee owners, companies and all persons, trade unions, experts, researchers, institutions looking to promote employee ownership and participation in Europe.