Should companies be forced to introduce quotas at Board-level?

Should companies be forced to introduce quotas to promote gender-diversity at Board-level?

That is the question firms and agencies around the world should ask themselves after EY and the Peterson Institute of International Economics published their latest report.

The report reveals that while many organisations may talk the gender-equality talk, Norway is the only country in the world that has achieved the goal of having over 30% of women on Boards.

Marcus Noland is the Executive Vice President and Director of Studies at the Peterson Institute for International Economics. He is also one of the authors of the report. Speaking exclusively to Executive Grapevine, Noland says: “Norway is distinct because it passed a law mandating that publicly listed corporations have a 40% female share on the Board.  Some other countries have similar Board quotas, but Norway is by far the most aggressive.