Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-13-Speech-2-180-000"
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"en.20120313.17.2-180-000"2
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"Madam President, one of the cross-cutting themes in this report is the call for wider representation of women on boards of companies, an aspiration that I entirely agree with. More diversity on boards, when twinned with effective selection procedures that put the correct focus on expertise and experience, has been proven to be good for corporate governance.
However, I cannot support the concept of mandatory quotas. Not only is it patronising to women, it is completely against the concept of shareholder engagement that we are all so keen to foster in European companies.
The best way to achieve meaningful, non-tokenistic representation of women on boards is by industry initiatives, such as the 30% club in the United Kingdom, which encourages business leaders to take affirmative action in moving voluntarily towards a better gender balance at all levels of their organisation.
This approach has the added benefit of encouraging institutional shareholders to take a positive role in promoting women to positions of leadership, but the real problem of gender equality exists one step down, at the management level. Correcting this will involve long-term planning."@en1
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