If women have still a long way to go for equal representation in political decision-making, the situation is even worse in business.
According to a new study by EuropeanPWN, the top 3001 European companies have only 9.7% of women on their boards. There has been slight progress, from 8.5% in 2006 and 8% in 2004. An important part of the overall progress can be credited to the European champion Norway, which jumped to having 44.2% women on boards as a result of quota legislation. This development clearly demonstrates that quotas are an effective way to accelerate growth of female representation on boards.
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