After decades of admirable, if slow, progress toward gender balance in its boardrooms, Norway has taken a giant leap. Last month, the pioneering Nordic state mandated that 40% of seats on the boards of all large and medium-sized companies should go to women within five years. This makes Norway the first country in the world to take such a monumental measure and it means that by next year, 8,000 companies should have hit the target quota, expanding to around 20,000 firms with more than 30 staff by 2028.
Similar Stories to Gender Quotas In The Boardroom Are Good For Everyone — Here’s Why on Bing News
Dara Flynn, The Next Web
Tue, 07/18/2023 - 1:39am
BING NEWS:
- Boardroom bound: Women independent directors are rising, but gender parity remains elusive
The number of women independent directors is growing steadily, but it's a long way from gender parity. Much more needs to be done to break the glass ceiling in boardrooms ...
11/17/2024 - 10:02 pm | View Link - More
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