European Employment Law Update — women on boards: France
France adopted a law on 27 January 2011, with effect from 2014, compelling French companies whose shares are admitted to trading on a regulated market to aim for a balanced representation of men and women on boards.
To achieve a final goal of truly balanced representation, progressive steps have been set out by the law, as follows: for the first appointments after 1 January 2014, the proportion of boards’ members of each sex cannot be lower than 20 per cent; this goal will increase to 40 per cent for the first appointments after 1 January 2017. As from this date, the law also provides for any boards with a maximum of eight members to limit the gap between the number of male board members and female board members to two…
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