Female Directors on Corporate Boards
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This paper explains that a radical affirmative action, which legislated a greater number of women directors on Norwegian corporate boards, was not about achieving gender equality but rather centered on the idea that social justice and diversity would add value and create wealth for the companies. The assumption was that teams mixed by gender, ethnic background, age and experience perform better than homogeneous teams. However, in the short run, the effect of this law was not always profitable to the companies. The paper concludes that simply instituting fair employment mandates, such as positive discrimination for women in the corporate workforce, is not an endgame when it comes to successful leadership.
From the Paper:"Forcing companies to meet large diversity quotas in a limited time period has been shown to be counter-productive. While certain companies may be perceived as unethical with respect to their recruitment practices, the majority are ethical and hire people based qualifications, experience and 'fit'. These companies should not endanger because they have to meet a quota mandated by a third party. In the corporate world, leaders should be wholly responsible for the success of their businesses, the well-being of their employees, and the faithfulness of their consumer bases, not the government. "
Sample of Sources Used:
- Clark N. (2010) 'Norway finds mixed results from law on women in boardrooms' International Herald Tribune February 7.
- Clark N (2010) 'Getting Women Into Boardrooms by Law' New York Times Jan 27thhttp://www.nytimes.com/2010/01/28/world/europe/28iht-quota.html?pagewanted=all
- Amy Dittmar A (2010) Women on Board: Does Forced Diversity Hurt Firm Performance?2/15/2010 http://www.bus.umich.edu/NewsRoom/ArticleDisplay.asp?news_id=18682
- Fouche & Treanor (2006) In Norway, a woman's place is in the boardroom The Guardian Newspaper (UK) Jan 1st 2007
- Fouche G (2007) 'Quarter of Norway's firms face shutdown as female directors deadline approaches'The Guardian, Thursday 27 December 2007
Cite this Case Study:
Female Directors on Corporate Boards (2010, April 21) Retrieved November 27, 2020, from https://www.academon.com/case-study/female-directors-on-corporate-boards-119337/
"Female Directors on Corporate Boards" 21 April 2010. Web. 27 November. 2020. <https://www.academon.com/case-study/female-directors-on-corporate-boards-119337/>