The Netherlands opposes EU boardroom quota for women
The Netherlands is one of nine countries which have written to European Commission president José Manuel Barroso and deputy Viviane Reding opposing plans to impose a 40% female quota on listed companies, the Financial Time reports.
The paper says the Netherlands, Malta and six central and eastern European countries are supporting Britain’s efforts to have the proposal dropped.
The joint effort may force Brussels to drop the legislation, as the nine countries have sufficient votes to block the plan under the EU’s complex majority voting process, the FT says.
The letter states the signatories agree there are still too few women on boards but says any measures to improve the situation should be implemented at a national level.
The Netherlands is one of a number of countries which already have targets. It wants to ensure 30% of executive boards are made up of women by 2016.
However, research by management consultancy Berenschot in July showed just 5% of top level executives at companies listed on the AEX and MidKap indices are women and of them, two thirds come from abroad.
Are quotas the way forward? Have your say using the comment form below
Thank you for donating to DutchNews.nl.
We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.Make a donation