The European Parliament is calling for EU-wide legislation which would require the boards of listed companies to consist of at least 40% female members by 2020. Currently only about 10% of directors are female in the large listed companies in the EU and this has been fairly static over the last five years. How does this EU average compare to the US or UK? The unfortunate news is that the percentage of female board directors is appalling low across the western world despite women’s high participation in the workforce as well as attainment of both undergraduate as well as advanced degrees.
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