Gender Diversity on Corporate Boards in the Netherlands: Waiting on the World to Change

In the Netherlands, increasing the number of women on corporate boards is considered to be, first and foremost, the responsibility of companies themselves and the Dutch legislator has so far been hesitant in introducing binding gender quotas for companies. However, in January 2013 the legislator introduced gender quotas (30%) for the corporate boards of ‘larger companies’ given the low number of women on corporate boards. These quotas were of a ‘soft’ nature since no strict sanctions would be applied if a company failed to comply with the said target. The law was also temporary in nature and e... Mehr ...