The Limited Times

Now you can see non-English news...

CAC40 groups cautious about reason

2020-03-05T17:49:27.485Z

Barely 9% of them have included in their statutes this formulation defining the role of the company.



A company that takes into account all stakeholders, from employees to customers, suppliers and local elected representatives, and no longer just shareholders: this is the philosophy of the Pacte law, adopted in spring 2019. It must be noted that major French groups are advancing cautiously in this area.

According to a study by Comfluence, 55% of CAC 40 companies display a "raison d'être", which defines their role. But only 9% included it in their statutes such as Carrefour, Atos and soon Engie and Orange. The inclusion in the statutes makes the reason for being enforceable against third parties. Customers, suppliers and employees will be able to take advantage of it, ”explains Errol Cohen, lawyer at Le Play.

According to the law, the reason for being strictly speaking must be part of the statutes. " A formulation on the meaning of the company, but which does not appear in the statutes, should not be called raison d'être ", storms the lawyer. But, in the absence of a sanction, the vagueness

This article is for subscribers only. You still have 59% to discover.

Subscribe: € 1 for 2 months

cancellable at any time

Enter your email

Already subscribed? Login

Source: lefigaro

You may like

Business 2020-03-05T17:49:27.485Z
News/Politics 2019-10-29T11:05:01.131Z
News/Politics 2020-01-07T01:20:34.592Z
News/Politics 2020-05-05T08:00:01.677Z
News/Politics 2019-11-30T09:11:14.645Z

Trends 24h

Latest

business 2020/05/24    

© Communities 2019 - Privacy