Friday August 7, 2020

EU takes aim at smashing the glass ceiling

The move towards forcing companies to have more women on their boards may be politically correct, but does it actually improve performance, asks Abigail St John Kennedy

8th September, 2012
Sheryl Sandberg, chief operations officer with Facebook. Photo: Bloomberg

Under proposals being drafted by the European Commission, Europe's larger listed companies will be forced to reserve at least 40 per cent of their non-executive director board seats for women by 2020 or face fines and other sanctions.

The proposals, expected to be formally introduced by Viviane Reding, the EU's justice commissioner, in the coming months, can be adopted by the EU through its complex majority voting process.

The proposed legislation is aimed at what EU officials...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 7 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago