Good Business

‘Comply or Explain’ Rule Gets More Women on Canadian Boards

  • KPMG report says rule has cleared path for women over 6 years
  • Progress in C-suite much slower, especially for CEO job
Photographer: fizkes/iStockphoto/Getty Images
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It turns out the best way to get more women on corporate boards may be to use a floodlight.

Regulators began requiring companies on the Toronto Stock Exchange to disclose the number of women they have in senior roles, along with their plans to improve diversity, six years ago.