|Author (Person)||Fontanella-Khan, James|
|Series Title||Financial Times|
Article reported that Europe’s listed companies will be forced to reserve at least 40% of their non-executive director board seats for women by 2020 or face fines and other sanctions under a legislative proposal being drafted by the European Commission in the summer of 2012 and due to be launched in October 2012.
The legislation was aimed at what EU officials believe is a severe gender imbalance across the bloc’s 27 member states. EU data shows that in January 2012, women represented only 13.7% of board positions in large listed companies.
|Subject Categories||Employment and Social Affairs|
|Countries / Regions||Europe|