Tommy C. K. Leung, Heather M. F. Lee, Tony K. F. Chan
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引用次数: 0
Abstract
ABSTRACT This article discusses the recent extensive reforms on gender diversity rules in Hong Kong and the related possible challenges facing the listed companies and the regulators in implementing the reforms, with reference to those listing measures in the United Kingdom, the United States and the People’s Republic of China, particularly the United Kingdom from which Hong Kong has inherited its legal system. Several listed companies in Hong Kong are also randomly selected as samples for examination to evaluate the effectiveness and limitations of previous reforms on gender diversity launched in Hong Kong. It is suggested that clear, measurable and achievable targets are launched in phases, together with regular reviews and progress disclosures. More detailed guidance and regular communication with issuers on gender diversity should be provided to show strong top-level commitment from regulators/government for a sustainable development for diversity not only on boards but also in senior management and across the wider workforce.
期刊介绍：
The Law and Financial Markets Review is a new, independent, English language journal devoted to providing high quality information, comment and analysis for lawyers specialising in banking and financial market issues and to others with interests in legal and regulatory developments affecting the financial markets. Published four times a year LFMR contains articles written by leading experts providing a forum for practical guidance on, as well as reflective and topical analysis of, all major jurisdictions, with a particular focus on the interaction between the law and market practice and behaviour.
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