There’s a big debate to be had over society’s ambitions to see more women in the boardroom. The Guardian adds to this discussion by quoting from a report that has tried to analyse the effect of Norway’s quota system, in which the state says at least 40% of the board members of listed companies should be women. Female membership on British corporate boards now “edges up” to 13.3%.
Disappointingly, the study doesn’t shed a great deal of light on the answer: the impact on company profits “can be debated”, but the effect on gender equality is described as “clearly positive”.
The research project – funded by the Norwegian Research Council –interviewed board members about their experiences since the quota was introduced. It found that the new make-up did influence the decision-making process. Greater female representation seems to make meetings a little “more pleasant”, the preparation material is tidier and more comprehensive, and the processes more formal. Respondents called it “professionalisation”. So far, so amazing. Unfortunately, research on the economic effect of more women on boards was “inconclusive”. What seems beyond doubt, however, is that the policy has paved the way for women to influence corporate decision making.
Why can the impact on profits not be measured? Does it matter? Is it a long term issue that’s at stake? A CSR consideration? Discuss!
Join the tutor2u Business team for a resource-packed day designed to fast-track your lesson planning and preparation for the new Edexcel A Level Business specification. We'll look at the key changes in teaching content, explore the new challenges of teaching this linear specification and dive into some brand new teaching resources designed specifically for the new Edexcel A Level Business course from September 2015.
This resource comprises a complete collection of editable lesson topic worksheets and exam-style case studies that are ideal for teaching individual topics for the whole Year 1 (AS) teaching content. Each lesson topic worksheet and case study has a consistent, clear and professional format and maps precisely to the specification teaching content.