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Germany s cabinet yesterday approved federal legislation to force larger listed companies to have at least one woman on their management boards, following years of debate over the issue.
Of the largest roughly 100 listed companies in Germany, women accounted for only 11.5pc of board seats. The German legislation also sets out stricter gender equality rules for government-controlled companies, where boards with more than two members will have to have at least one woman on them.
In Ireland, women held 21pc of directorships in market-listed companies at the start of last year, up from 8pc in 2013, following pressure from corporate governance experts, regulators and lobby groups like Women on Boards and The 30pc Club.