Date: 25th May 2012
Author: EuroFinuse

Self-regulation is not sufficient in our view: the EU has brought about the policy debate on gender diversity in 2010, and called on listed companies in 2011 to voluntary commit to an increase of women’s representation on their boards. To date, there are less than 14% of women at major European companies’ boards according to the EC data. Comparing the European countries which have enacted legislative measures with countries that have not, we find little progress where no legislation or “threat” of legislation has been set.
In addition, there is a lack of coherence showing a deep gap between Scandinavian countries and e.g. Germany.