Czech Republic rejects EC’s female quota resolution

The Czech Republic has joined Poland and Germany in rejecting the European Commission´s proposal to set a 40 percent quota for women on the boards of big European companies. Czech lawmakers said the proposal was an intervention in shareholders´ rights and did not take into account the different conditions in individual member countries or in different fields of enterprise. Under the resolution, pushed through by European Commissioner Viviane Reding last November, state-run companies were expected to meet the 40 percent quota for women in 2018 and private companies in 2020. The norm would have concerned about 5000 big companies in the EU.