Sample chapters available online...
Contact me:
ed+@
+edwardtrimnell.com
(remove the "+" signs)
E C O N O M I C S
w i t h E D W A R D T R I M N E L L
December 28, 2007
Norwegian government mandates 40% female execs
Norway already has a high percentage of female managers (37%). The government has now decreed that companies must reach the 40% threshold or face shutdown. The new law is already causing problems for Norwegian companies, and lots of new public monitoring cost are involved:
Many Norwegian firms say they will not meet the quota deadline set for Monday and will have to shut until women get the posts once reserved for men.
A team of bureaucrats in Oslo has been tasked with keeping tabs on companies in the weeks and months ahead to make sure the ratio is being constantly increased to the required levels.
I am in favor of diversity; but there has to be a better way to go about it than this.
