Friday, May 15, 2015

Analysis will be difficult to get through quota law – Swedish Radio

The question of quotas on corporate boards has been up a long time, but this time, the proposal is more specific. It says echoes The domestic political commentator Frederick Furtenbach.

This is of course a question that has been up a long time, what’s the latest?

– Yes there is a long history of threatening laws, but no law, we have still not. Margareta Winberg, threatened to force companies with a law back in 1999, they did not reach 25 percent women. Then it was only a few percent of women on boards. This threat was left under Göran Persson’s reign.

– Alliance who then took over the government was against a law on quotas, but individual alliance politician opened for it, for example, Finance Minister Anders Borg.

– This time the threat is more concrete, since it contains a time limit laid down in the Government Declaration. It says that “if the proportion of women on the boards of listed companies at least 40 percent in 2016 presented a bill on quotas”. When such would take effect is not recorded, but the justice minister has spoken of 2017.

Will the government get through this?

– No, it looks not so out. Both the Alliance parties and the Sweden Democrats are against. What Justice Minister Morgan Johansson probably hope for is that the Liberal Party to turn. The presented in 2013 a lite version to the draft law on women in company boards, with soft downs.

– For example, wanted the Liberal Party that it would be in the law that nominating committees in larger companies should “strive” for gender parity on the board. And that companies would set targets for the proportion of women on the board and the management team.

– But most sure hope the government for companies to add as much of women on boards that it will not have to submit a law at all.

Why this resistance?

– It has partly to do with the perception of ownership, this is the private company. Alliance parties’ views are about as opponents in the business community, politicians should not meddle with the private companies was shot.

– Among the bourgeois parties is also an ideological view that it is the competence of the individual that counts, not the sex.

Does it work here with the politicians threaten then?

– It looks so out, the proportion of women on boards’ve risen very much. But at the same time the society has changed and demands for equality generally become stronger, so exactly what threats have achieved can not say. Additionally, the code for listed companies tightened.

Are there laws on affirmative action in business in other countries?

– Yes, Spain, France, the Netherlands and Germany all some form of legislation on this, how hard it is varied. Norway has gone far and there is a possibility to dissolve the company does not reach 40 percent women. Morgan Johansson opened the echo to introduce the variant in Sweden, but he later took it back.

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