Seanad debates
Wednesday, 28 May 2003
Companies (Auditing and Accounting) Bill 2003: Committee Stage.
Two things could happen. They might not become aware of it. They might be the most diligent directors – executive, non-executive, independent or whatever – but they might not become aware of it because others further down the line might be playing games or engaging in nefarious activities. On the other hand, if the company directors became aware that the chief executive determinedly appointed a woman as opposed to a man to a position, that would be a clear breach of the equality legislation but it would not have a material impact on the balance sheet. There would be no requirement to disclose this, apart from a certain moral compulsion, and it would not come under this legislation.
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