Monday, September 25, 2006

Women In The Corporate Boardroom Or Else

Forbes reports:
If you’re a woman, rising the corporate ranks is never easy. Unless you live in Norway.

Within the next year, the 510 Norwegian companies listed on the Oslo Stock Exchange must have 40% of their respective board seats occupied by women. Any company failing to comply will be booted off the OSE. For now, the law passed in 2002 only applies to publicly traded companies. But the government is considering extending the law’s reach to cover family-owned companies as well.
In some countries,this no real limit on what the goverment can do.Isn't "democracy" great?