As the world corporate governance reflects the value a State holds concerning the place and responsibility of the company in a society as a whole, any attempts of harmonization from the European Commission must deal with these differences. The European Commission dealt recently with CG matters. The new orientations are clearly shareholder oriented. There is no link with other actions dealing with corporate social responsibility, no integration of this dimension in the reflexion despite the need for the integration of a social dimension in business topics.
DE BEAUFORT, V. (2005). The European Commission and New Orientations on Corporate Governance. In: Making Corporate Governance Work Better. World Council for Corporate Governance 's Conference. World Council of Corporate Governance WCGC, pp. 61-68.