Boardroom Change in Norway
Posted: 5 Apr 2012
Date Written: March 5, 2012
Abstract
In 2003, the Norwegian Parliament amended the Public Limited Companies Act in order to achieve greater representation of women on corporate boards. According to the amendment, all state-owned companies and public limited companies were required to have at least 40% women on their boards. This case uses first-hand accounts from Norwegian directors to document the Norwegian business community's reaction to the quota, how Norwegian boards sought women directors, and the transferability of the quota law to other nations.
Learning Objective: The purpose of the case is to explain the process which can be used to change the gender composition of boards as was done in Norway.
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