Monday 25 July 2011

UK: women on boards - executive search firms code of conduct published

Earlier this year Lord Davies recommended in his report Women on Boards that executive search firms should prepare a voluntary code of conduct addressing gender diversity and best practice with regard to search criteria and processes relating to FTSE350 board appointments. Last Friday, a voluntary code of conduct was published containing 7 best practice principles: see here (pdf). With regard to the use of quotas to increase the proportion of women on boards, the current edition of The Economist contains an article - see here - reporting on developments across Europe including a new law in France and a vote earlier this month in the European Parliament.

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