France is now considering legislation that would require 50% of board seats to be held by women by the year 2015. See the full article here They would be joining the ranks of countries like Norway and Spain that already have enforced quotas for female board members. Are the new SEC disclosure requirements a precusor to this type of legislation in the US? Let us know what you think via Twitter. WBL on Twitter
Norway’s law requiring 40 percent of public company board members to be women has begun to take effect. Perhaps it’s too soon to tell if the change has improved boardroom discussions and debate, but this article is an interesting overview of what’s happening in Norway with some of the women—dubbed the “Golden Skirts” in the media—who have been chosen to be members of many boards.