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Ten years on from Norway's quota for women on corporate boards

economist.com

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Re: Ten years on from Norway's quota for women on corporate boards

#31
How do this quotas, with harsh penalties, work in practice in this example :

1. company have all male board members

2. company is great and successful and not one of the board members want to switch the job

3. deadline for quota is approaching

Do the company now need to fire 30% of this guys and is it a valid reason for firing (company can`t get sued)?

Re: Ten years on from Norway's quota for women on corporate boards

#32

Earlier quoted context omitted.

Imposter syndrome is real. But if you are literally on the board of a company, I doubt it matters as much. Also, lots of people inherited rather than earned their wealth. Should we outlaw that to save them from imposter syndrome?

No but we shoulnd't create a law that randomly takes the wealth of every second heir, and gives it to an orphan kid instead. Technically they are equal, they just happened to be born somewhere different. So it should be fair, right? That kid when he grows up might indeed feel weird about all the undeserved money...

>That kid when he grows up might indeed feel weird about all the undeserved money...

Are you serious? How is taking money from one person who never worked for it and giving it to another person who never worked for it going to make one feel self-conscious and sympathetic to the other?

Re: Ten years on from Norway's quota for women on corporate boards

#33

It would seem that governments mandating equality works, and that basic equality isn't the end of society or successful corporate-hood as we know it. Who would've thunk.

But according to HN people everyone is censoring them and they can't even go to work and write weird pseudoscientific rationales for why they hate diversity programs and expect their employer, who is promoting heavily and publicly lots of diversity programs, to not like this and fire them and it's all FEMINISM GONE TOO FAR!

Yeah, I also distinctly remember HN's overwhelming disgust with the practice of exposing people for marching with Swastikas ("an ancient Indian symbol!") and calling for the extermination of jews. That was right around the time that woman got "accidentally" killed by a one of the free-speech advocates driving his car into the "marketplace of ideas".

Re: Ten years on from Norway's quota for women on corporate boards

#34

Earlier quoted context omitted.

Depends on where you are. Not all of these apply everywhere, but: - lack of maternity leave - being judged on personal appearance even in office settings because your appearance is more tied to your worth than it is for men - when you are harsh as a boss, labelled "bossy" as a negative. I don't hear many men labelled "bossy". - be chided about "being on your period" in case you say something people don't like - peopl…

> - lack of maternity leave Tangential: I heard a wild, but interesting argument the other day about how allowing different maternity leave between men and women, ceteris paribus , would lead to gender discrimination when hiring. The reasoning was: regardless of the reason being "fair", companies would see women as having a higher chance of taking more leave than men, and thus have less value, overall. It was an inte…

This is why very progressive countries implement combined paternal and maternal leave. If one spouse doesn't take it, the couple loses that time.

The pressure on men and women to take time off after a baby diminishes the effect you speak of.

Re: Ten years on from Norway's quota for women on corporate boards

#35
post #31

How do this quotas, with harsh penalties, work in practice in this example : 1. company have all male board members 2. company is great and successful and not one of the board members want to switch the job 3. deadline for quota is approaching Do the company now need to fire 30% of this guys and is it a valid reason for firing (company can`t get sued)?

> Do the company now need to fire 30% of this guys and is it a valid reason for firing (company can`t get sued)?

There was a five-year period for the changeover, so under most circumstances, natural fluctuation would have eliminated all need for firing. Some companies could have also had the possibility to increase the board's size.

But yes, ultimately some firings may have been required. But note that a seat on the board isn't much like a typical job. Board members almost always have a real job, are retired, or sit on multiple boards.

Re: Ten years on from Norway's quota for women on corporate boards

#36

Equality of outcome vs equality of opportunity... Many things have been said by other, better informed and more eloquent people than me. I noticed this however: “At least ten more years” And that makes me wonder if and when this will turn into something akin the "Communism / Captialism / Whatever concept has never been tried/implemented _properly_" Personally, I don't think striving for equality of outcome will do so…

>Personally, I don't think striving for equality of outcome will do society any good. Well, isn't it just convenient that if we don't strive for equality of outcome then life will just have to remain tilted in favor of white/asian men

to strive for equality of outcome just means eliminating peoples choice. we had that in the past. a few million people died ...

Re: Ten years on from Norway's quota for women on corporate boards

#37
post #31

How do this quotas, with harsh penalties, work in practice in this example : 1. company have all male board members 2. company is great and successful and not one of the board members want to switch the job 3. deadline for quota is approaching Do the company now need to fire 30% of this guys and is it a valid reason for firing (company can`t get sued)?

I don't know how boards work, but can't they just expand the number of seats on the board?

Re: Ten years on from Norway's quota for women on corporate boards

#39
This law only affects "allmennaksjeselskap" (ASA), which there was less than 300 of in Norway last time I checked. In short they are listed on Oslo Børs (OSE) and are publicly traded. For smaller companies, also called "aksjeselskap" (AS), there are some regulation there as well, but nothing compared to this. It has more about female representation in the company in general.

Re: Ten years on from Norway's quota for women on corporate boards

#40
post #36

Earlier quoted context omitted.

>Personally, I don't think striving for equality of outcome will do society any good. Well, isn't it just convenient that if we don't strive for equality of outcome then life will just have to remain tilted in favor of white/asian men

to strive for equality of outcome just means eliminating peoples choice. we had that in the past. a few million people died ...

A few million people died in Iraq as well under the super-egalitarian, meritocratic, no equality of outcomes democracy of the USofA, so why does choice matter so much?
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