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Women Executives: Are we after quotas or business?

The lack of consensus in the European Council resulted in the rejection of the European directive that would have made it imperative to have 40% women in the non-executive boards of publicly traded companies. Commissioner Viviane Reding had spent over two years advocating this measure, which had already been approved by the European Parliament and the European Commission last year.

In addition to the obvious restrictions on free enterprise, some insisted that imposing measures leads to compliance (comply and lie) rather than convincingImposing underestimates and undermines the arguments of business needed to get to the root of the problem…

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