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Norway’s big stick for getting women on boards

“In December 2003 the Norwegian Parliament amended the Public Limited Companies Act to give public limited companies five years to either ensure that women held 40 per cent of the seats of each listed company listed or risk closure. The requirement came into effect on January 1 this year, and the Government is considering extending the law to cover family-owned companies as well.”

ABC News

Obviously not an Australian story but one that I thought was really interesting. Nice to see a government that isn’t bowing the pressure from big business.

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