The impact on company profits can be debated, but the effect on gender equality is clearly positive in the Norwegian case.
In a research project on gender in the boardroom I have led – funded by the Norwegian Research Council – we have interviewed board members about their experiences since the quota was introduced. We found that the new make-up did influence the decision-making process.Wow! OK, so, how, exactly?
Greater female representation seems to make meetings a little more pleasant, the preparation material is tidier and more comprehensive, and the processes more formal. Our respondents call it professionalisation.…
Wait, that’s it? Seriously?
All it appears to have done is make meetings a little more pleasant and better organised?
It is very hard to analyse the impact on profitability, and research on the economic effect of more women on boards is inconclusive.I take it the statement ‘it is very hard to analyse the impact on profitability’ is wackademic-speak for ‘Christ, I can’t find a single shred of data that supports my hypothesis!’..?
And if there’s no evidence that this barmy policy is helping profitability or the economic position of the company – which let’s face it is a businesses’ raison d’être – why on earth shouldn’t it be scrapped forthwith?