Thursday, June 22, 2006

Women still rare in Europe's boardrooms


The number of women in Europe's boardrooms is stagnating, with only the Scandinavian countries breaking the mould thanks to proactive policies and controversial quotas.

Women make up just 8.5 per cent of European corporate boardroom seats, or 385 of the 4,535 positions available, according to research by the European Professional Women's Network.

The figure represents a tiny increase on the 8 per cent the same survey found in 2004.

Norway leads the way with 28.8 per cent (up from 22 per cent in 2004) after it announced it was introducing a legal quota of 40 per cent female representation on the board of public companies.

Sweden (22.8 per cent), Finland (20 per cent) and Denmark (17.9 per cent) are close behind.

See full Article.