Germany might introduce women quota in boardroom

Germany is set to vote in a bid to impose quotas on companies forcing them to increase the number of women in their boardrooms.

The two parties most likely to form the next German government reached a compromise over the so-called Frauenquote, or women's quota.

According to the Guardian, as of 2016, companies registered on the German stock exchange will be required to have at least 30 percent women on their supervisory boards.

Large firms will also have to define and make public their plans for elevating more women into top executive roles.