Firms told to reveal women at top levels

Christopher Adams - NZ Herald – Tuesday, 10 July 2012 (originally published 05 Jul)

Listed companies will be required to disclose how many women they have on their boards and in senior management, the NZX announced last night.

NZX said there was credible evidence that suggested diversity, particularly around gender, at both board and senior management levels contributed to improved financial performance.

The NZX’s new rule brings New Zealand into closer alignment with Australia, where similar requirements introduced by the Australian Stock Exchange resulted in a big jump in the level of female representation on listed company boards . . .

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