3 ms·
The question is why did anyone vote for this at all? I did see at least it was limited to public companies, but I would think you have zero understanding of bus
by zaroth 8y ago
The question is why did anyone vote for this at all? I did see at least it was limited to public companies, but I would think you have zero understanding of business to think you should prescribe the gender mix of the Board.
This would be a massive disadvantage for companies that this applied to.
The Board is an extremely limited number of people making incredibly crucial decisions based on their expertise.
You want the absolutely most qualified people on a well run Board. Imagine having a single opening and knowing exactly who you should hire for it, them agreeing to take on the position, and not being able to hire them... Because they identify as the incorrect gender.
Why should the Board room be forced to have a specific gender balance? Why is it gender specifically which should be balanced and not other factors? Why just for the Board and not for the whole company? What about any or all other subdivisions within the company?
Why target Boardrooms in particular for this policy?