Turning the Page

Taking Greek corporate governance to the next level

The revised Shareholder Rights Directive (SRD II), which came into effect across the EU in June 2019, aims to encourage long-term engagement of EU listed companies’ shareholders. As Greece is exiting the crisis, the conditions are ripe for further foreign investment. Greek companies must therefore provide better protection for shareholders through improved governance practices. This will not only be instrumental to the recovery of the economy but will also enable access to funding, higher valuations and better corporate performance.

The main issues covered during this event included informing Greek issuers about the new rules and effects under SRD II and provided tangible feedback on investor sentiment and voting behaviour. International institutions and proxy advisors offered first-hand insight on how issuers can enhance engagement with investors at both management and board level.

Corporate Governance more important than ever before

October 10, 2019

“Turning the page - taking Greek corporate governance to the next level". Euro2day provides a review of the largest corporate governance event held to date in Athens, hosted by Velos Advisory and EY Greece, marking the beginning of a new era for Greek corporate governance.


greece’s new Mp needs to avoid banking own goal

August 1, 2019

Governance reform is underway in the Greek banking system. The Hellenic Financial Stability Fund (HFSF), as the largest shareholder in the Greek banking system has a very strong interest to strengthen the corporate governance framework of the banking system. Velos Advisory successfully advised the HFSF in its proposal for a radical reform of the board and governance arrangements of one of Greece’s most iconic banks.