Tag Archives: Board of Directors

France introduces bill to require boards of directors to be 40% female

Story from the UK Times.

Excerpt:

The French version of the glass ceiling has just been cracked open by parliamentary vote. With the backing of President Sarkozy’s administration, the National Assembly last night passed a bill that aims to force big companies to appoint women to 40 percent of their seats on the board.

[…]Norway introduced a 40 percent rule in 2002 when women accounted for only 6 per cent of board seats there. Spain has also just passed a similar law.

The measure will mean an upheaval because the boards of France’s top companies remain male bastions, along with those of southern Europe (see chart below). Women occupy just 10.5 percent of board seats in the 650 publicly quoted companies to which the new law will apply. Corporations will have six years to reach the 40 percent mark. After that, all board appointments will be voided if they do not maintain at least a 60-40 share between men and women.

Women today seem to prefer a pay check and government social programs over relationships with husbands and children. A relationship means that the other person may say or do things that hurt you, and that they may make demands on you to act morally or to think rationally or to take care of others. I have heard the demands of men and children described as “harassment” by women, and compared unfavorably with workplace relationships. For some reason, women have decided that the workplace is less “harassment” than the family.

Women may still marry for the spectacle of the wedding. They may still have babies to play with and show off. (But the man should change the diapers). But the willingness to accept the demands of relationships is gone. Today’s women think that life should be about their happiness all the time, and that no one should ever confront them with moral judgments and moral obligations. So a husband’s demands for a woman to spend less will be met with a unilateral divorce. And a child’s demands for attention will be met with day care.

Today’s women are just not interested in communication, relationships, commitments, and nurturing.

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