More even gender distribution on company boards should not be achieved by means of binding legislation

Published: 18 January 2017 at 15.20

Updated: 18 January 2017 at 16.27

The Riksdag considers that it is important to achieve a significantly more even gender distribution than we have today when it comes to participants in financial decision-making. The current gender distribution on the boards of listed companies is not satisfactory. However, the Riksdag considers that a greater gender balance should be promoted in other ways than by binding legislation. The Riksdag therefore urged the Government to take measures to ensure that that it is the owners of limited companies that continue to determine gender distribution on company boards. The Riksdag also urged the Government to take action in the EU to promote national self-determination regarding gender distribution on the boards of Swedish listed companies.

The Riksdag directed two further requests at the Government:

  • the Government should get back to the Riksdag with a legislative proposal that the demand for share capital in private limited companies should be lowered to SEK 25,000
  • the Government should take the initiative to consider whether more companies may be granted an exemption from the statutory audit.

The Riksdag's decision is based on motions from the general private members' motions periods 2015/16 and 2016/17. The Riksdag said no to other motions concerning company law.