By Evelyn Regner - 24th January 2013
Evelyn Regner hopes we will no longer need quotas by the time the directive expires.
I strongly support commissioner Viviane Reding's proposal on a better gender balance on boards. As far as self regulation and the 'comply or explain' principle for a greater diversity on boards has not worked out in the past, there was and is a strong need for the proposal. Even though, I'm sure, the European parliament will improve the proposal - as it should be a strong instrument to increase the number of women, not only in non-executive positions, but also as executive directors and in the middle management bodies of companies. Company law should be adapted and therefore I'm going to work on this proposal for the legal affairs committee. When the directive is about to expire in 2028, hopefully we won't be in the need of gender quotas anymore. A hundred years ago, women got the right to vote, finally they have the right to control the modern economy.
Evelyn Regner is a vice-chair of parliament’s legal committee