Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-29-Speech-4-274-000"
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"en.20120329.36.4-274-000"2
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"Madam President, I voted against the Bodu report on a corporate governance framework for European companies. I could have accepted Mr Bodu’s original version, which emphasises the value of voluntary targets, but I am firmly opposed to specific legislation forcing companies to introduce quotas for women on their boards.
We have seen Norway do this, and it seems that companies are starting to de-list in order to avoid a 40% limit. Thus, it should be the shareholders who decide who is to sit on their boards, as it is their money after all. It is as if we politicians are now sitting in a bubble wanting to do something for companies without knowing what it is that the individual companies want to do.
I think it is disappointing when a matter ends with the vote that we obtained today. I think it is good for more women to sit on company boards. On a number of the boards on which I sit, for example, we have benefited greatly from the presence of women. However, women should not be given seats on the board on the basis of quotas. This is not a good solution and it is bad for the shareholders. We have already seen in the case of Norway that it causes problems."@en1
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