Dáil debates

Tuesday, 31 May 2005

2:30 pm

Photo of Micheál MartinMicheál Martin (Cork South Central, Fianna Fail)

We are trying to strike a balance between accountability, good governance and good behaviour on the one hand and on the other, a flexible business-friendly environment that allows people get on and be productive and efficient. The country has a good reputation for the latter, which is important in terms of the attraction of foreign direct investment, particularly in key sectors of the economy where we have been successful in bringing in international mobile investment into the country. We do not want to undermine our capacity to do that into the future and our decision to review the legislation is part of that. The Minister of State in the Department will deal with the company law review and I will alert him to the Deputy's feelings on the matter.

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