The Equal Representation law will require women to make up 40% of the management of any listed company with more than 250 workers and an annual turnover of 50 million euros ($53 million).
There should be an outflow from the Spanish capital markets, but I doubt there will be.
This is absolute insanity and will end horribly.
In politics, the law will require parties to offer equal numbers of male and female candidates during elections, with the aim of increasing gender parity in parliament. At the moment women make up 44% of Congress and 39% of the Senate.
This one can be abused, they'll run the male candidates in unwinnable seats to get the female majority.
It will also require professional associations to have at least 40% women on their boards, as well as juries for any awards financed with public money.
Women decide who gets public money despite men having provided it. Sounds like a Japanese marriage on a societal scale.
Time to play games with holding companies and sub companies then. The only ones that will profit from this are the lawyers that will put together the business setup then.
There should be an outflow from the Spanish capital markets, but I doubt there will be.
This is absolute insanity and will end horribly.
This one can be abused, they'll run the male candidates in unwinnable seats to get the female majority.
Women decide who gets public money despite men having provided it. Sounds like a Japanese marriage on a societal scale.
Time to play games with holding companies and sub companies then. The only ones that will profit from this are the lawyers that will put together the business setup then.