Should all boards be gender equal? From 2019 firms will be fined between 250,000 kronor and five million kronor (29,400-$590,000) if fewer than 40 percent of their board directors are women. He said that giving women more power at the corporate apex was also a sound business strategy. Friday's announcement comes a week after Sweden achieved another long-term equality target dating back to 1988, with women now occupying every other position on the boards of government agencies. Story continues below…Sweden's ratio of women on boards is still far ahead of the EU average of 23.3 percent.

Source: The Local September 09, 2016 13:26 UTC