The European Parliament and the Council have reached agreement on amendments to existing accounting Directives that will require certain large companies to disclose, amongst other things, their policy on board diversity: see here. Companies without a policy on board diversity will be required to explain why they do not have one.
Tuesday, 4 March 2014
Europe: Board diversity policies and 'comply or explain'
The European Parliament and the Council have reached agreement on amendments to existing accounting Directives that will require certain large companies to disclose, amongst other things, their policy on board diversity: see here. Companies without a policy on board diversity will be required to explain why they do not have one.
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