Female board quotas ‘improve employment practices’
Board Agenda
Quotas for women on boards have helped firms in France to improve their employment practices, while changing the way boards and shareholders view the previous working experience of women, according to a new study.
9 February 2024
According to a team of researchers, the findings up-end old arguments that quotas are unnecessary because boards are already “optimally configured” before the imposition of quotas.
The team—helmed by Magnus Blomkvist of EDHEC business school in France—concluded that, before mandatory minimum numbers for women on boards were introduced in 2011, French companies ran up against “frictions” in recruiting women “which contributed to the underrepresentation of women on corporate boards”.
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