Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-06-Speech-3-353-000"
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"en.20110706.18.3-353-000"2
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"Parliament has adopted this report which aims to encourage the Commission to impose quotas for the number of women on the management bodies of listed companies. The underlying message is good: achieving a better gender balance must be a priority. At present, women make up just 10% of board members in companies listed in the Union and that figure drops to 3% for CEOs.
However, I think that it is a pity that the report did not give greater consideration to how to improve female representation. The report does not mention public undertakings, which could lead by example and where the State could impose a quota or require parity within the management structures. Furthermore, the Belgian Council of State recently reminded us that under the freedom of association enshrined in the constitution, shareholders retain and must retain responsibility for the composition and oversight of the governing bodies in listed private companies. On the whole, by opting for limits rather than leading by example, there is a real risk that we will undermine women and confirm doubts about the legitimacy of women who are only appointed in order to comply with the rules."@en1
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