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  1. Published on: 22/11/2013 09:16 AMReported by: roving-eye
    European Parliament sends wake up call to business on gender equality

    The European Parliament sent a strong message to business today with a call for a 40 per cent target of women on boards.

    Arlene McCarthy MEP, vice president of the economic affairs committee responsible for gender, said: “It makes good business sense to have more women on company boards.”



    “A McKinsey and Company report found companies with gender-balanced executive committees outperformed companies with all male committees with a 56% higher operating profit.”

    “A Leeds University Business School study showed that having at least one female director on the board appears to cut a company’s chances of going bust by 20% and that having two or three female directors lowered the chances of bankruptcy even further.”

    Arlene McCarthy MEP added: “Quotas alone won’t get more women on boards. We now need a stronger focus on taking action to deliver change. Companies need to invest in women making it easier for them to continue in corporate life by providing more training, better support networks and mentoring schemes to help get their female employees board ready.“

    “If we are to strengthen the EU’s competitiveness, combat the current economic crisis and create sustainable growth, all talents must be utilised in full and all voices must be heard when making decisions shaping the future of our economy.”

    “We think national governments should have a bigger say on companies that don’t abide by the rules. Legislation should be a last resort but companies should be in no doubt of our determination to achieve equality.”


    For more detailed figures on the number of women on the boards of the UK’s leading companies, see Board Watch: http://www.boardsforum.co.uk/boardwatch.html

  2. Contact us with your news. Mob/Txt 07530 315 478 southport@qnews.co.uk

    Contact us with your news. Mob/Txt 07530 315 478 southport@qnews.co.uk

    Your Comments:


  3. The Edge says:22/11/2013 09:55 AM
    Impressive rack ;-)

  4. tenno says:22/11/2013 01:30 PM
    Good idea. No company wants to go bust!

  5. Commentator says:22/11/2013 01:32 PM
    By designating quotas, in the name of improving equality & diversity, creates divides rather than bridging them.

    Whatever happened to recruiting the best person(s) for the job?

  6. USERNAME1234 says:22/11/2013 05:41 PM
    Quote Originally Posted by Commentator View Post
    By designating quotas, in the name of improving equality & diversity, creates divides rather than bridging them.

    Whatever happened to recruiting the best person(s) for the job?
    nail on the head me thinks

  7. Banny says:22/11/2013 08:52 PM
    Can you smell something Arlene?

    No, neither can I, get the tea on luv.

  8. duncet says:22/11/2013 09:31 PM
    UKIP are opposed to this patronising of women. Women should - and can - achieve high level positions on merit and not because of quotas.

  9. ste_ole says:23/11/2013 08:55 PM
    they look gr8 two me ????????

  10. ainsdale local says:24/11/2013 08:24 PM
    Quote Originally Posted by duncet View Post
    UKIP are opposed to this patronising of women. Women should - and can - achieve high level positions on merit and not because of quotas.
    ........or by displaying their assets.

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