Quantifying ‘Better Regulation’ - The EU Regulatory Scrutiny Board and the Sustainable Corporate Governance Initiative

Quantifying ‘Better Regulation’ - The EU Regulatory Scrutiny Board and the Sustainable Corporate Governance Initiative Eller, Klaas Hendrik Author aut Kampourakis, Ioannis Author aut Text xx# 2022 Verfassungsblog 2022-02-21 eng The EU Commission is expected to publish later this month its long-awaited proposal on Sustainable Corporate Governance, an initiative to ‘better align the interests of companies, their shareholders, managers, stakeholders and society’. Almost a year of delay and possibly some toning down of the legislative ambition can be attributed, in large part, to the double negative opinion issued by the EU Regulatory Scrutiny Board’s (RSB) on the Impact Assessment. In doing so, the RSB – a body whose absence from public debate seems largely disproportionate to its actual powers – has shown its teeth and incidentally revealed some of the shortcomings of its own mandate. CC BY-SA 4.0 Eller, Klaas Hendrik Corporate Due Diligence EU Commission Regulatory Scrutiny Board Sustainable Corporate Governance 342 https://verfassungsblog.de/quantifying-better-regulation/ Verfassungsblog 2366-7044 Max Steinbeis Verfassungsblog gGmbH 10.17176/20220222-001231-0 220221 10.17176/20220222-001231-0 Converted from MARCXML to MODS version 3.7 using MARC21slim2MODS3-7.xsl (Revision 1.140 20200717)