U.K.-listed companies would have to disclose what they are doing to get more women and “other under-represented groups” into senior management positions under a new Government proposal.
Lord Davies, the minister for trade, investment, and small businesses, has written to the Financial Reporting Council (FRC) asking it to include a measure to that effect in the Combined Code of Corporate Governance that listed companies are expected to follow. The FRC is in the process of updating the Code.
