Ms. magazine  -- more than a magazine a movement

SIGN UP FOR MS. DIGEST, JOBS, NEWS AND ALERTS

FEMINIST WIRE NEWSBRIEFS

ABOUT
SEE CURRENT ISSUE
SHOP MS. STORE
MS. IN THE CLASSROOM
FEMINIST DAILY WIRE
FEMINIST RESOURCES
PRESS
JOBS AT MS.
READ BACK ISSUES
CONTACT
RSS (XML)
 
feminist wire | daily newsbriefs

January-20-06

New Law in Norway Requires Women to be 40 Percent of Corporate Boards

Publicly traded private companies in Norway are now obliged to have 40 percent of corporate boards to be comprised of women and have been given two years to meet the requirement. Karita Bekkemellem, Minister of Children and Equality, has threatened to dissolve any company that does not do so, reports the New York Times.

While the law currently affects only publicly traded companies (which number 519), the government may also apply it to family-owned companies in the future, reports the Guardian. It was first introduced by Ansgar Gabrielson, a minister in the previous conservative government, as a way of creating diversity. He stated to the Guardian, I saw how board members were picked: they come from the same small circle of people. They go hunting and fishing together, they are buddies.

Public debate over the law has drawn attention to the small numbers of business women in positions of power: women currently make up 16 percent of board membership, despite the fact that nearly 40 percent of students in Norwegian business schools are female, according to the Times.

Media Resources: EOC press release 1/5/06; Guardian 1/11/06; NY Times 1/12/06


© Feminist Majority Foundation, publisher of Ms. magazine

If you liked this story, consider making a tax-deductible donation to support Ms. magazine.

 

 

Send to a Friend
Their
Your
Comments
(optional)


More Feminist News

1/29/2015 Ohio Legislator Became Pro-Choice After Listening To Women's Stories - Tim Ryan, Democratic U.S. . . .
 
1/28/2015 Senator Boxer Urges President to Continue Support for UN Population Fund - Earlier this week, Senator Barbara Boxer (D-CA) along with 21 of her Senate colleagues sent a letter to President Obama calling on him to maintain support for the United Nations Population Fund (UNFPA). UNFPA, which promotes maternal and reproductive health, conducts major demographic surveys, and campaigns against fistula and female genital mutilation, supports programs in over 150 countries. . . .
 
1/28/2015 Former Vanderbilt Football Players Found Guilty in Campus Sexual Assault Case - Two former students of Vanderbilt University have been found guilty of four counts of aggravated rape, one count of attempted aggravated rape, two counts of aggravated sexual battery, and one count of tampering with evidence and unlawful photography by a jury in Nashville yesterday. . . .