In 2003, Norway took the bold step of becoming the first country to mandate that women make up 40% of board representation in publicly-listed companies. Soon after, many other European countries including Finland, France, Germany, Italy, Switzerland and The Netherlands made similar moves. More than 15 years later, the results of Norway’s program are still coming in, and some aren’t convinced that the mandate made any significant progress. While some companies have seen improvements in their bottom line and others have seen a decrease in the gender pay gap, these results aren’t across the board, making it difficult to credit successes or failures to the policy alone.
2019-08-23