Wednesday, June 14, 2006

Boardroom quotas seen to aid women


This is good news. Leaving it to voluntary decision hasn´t worked for decades and laws do work, whether companies like it or not.

They should move on and stop their discrimination in hiring, training, promoting and compensating.

Onésimo Alvarez-Moro

See article:
Women have rapidly become a significant force in Scandinavia's leading boardrooms, thanks to quotas and other promotional policies, a survey shows. Elsewhere in western Europe, however, the number of female directors has barely changed in the past two years.

Nearly 29 per cent of top board seats are held by women in Norway, where listed companies must meet a 40 per cent quota by 2008 or risk being wound up.

This is an increase from 22 per cent two years ago, according to the survey conducted by Egon Zehnder, the executive search firm, with data from BoardEx.

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