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German Parliament approves women's quota

March 6, 2015

The German parliament has passed a law to boost the number of women in top executive positions.


The law will require large publicly-traded companies to have at least 30 percent of women on their supervisory boards. The rule, which goes into effect on January 1, applies only to large, stockmarket-listed German companies which already award half the seats on their supervisory boards to labour leaders.

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