BRUSSELS (Reuters) - The European Commission has dropped a plan to force firms to give 40 percent of non-executive board positions to women in favour of a less drastic obligation to favour female candidates where they are equally qualified, an EU source said on Tuesday.
The quota proposal had run into opposition from a number of countries, led by Britain, and from large firms.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
