More Women on Boards means More Women in the Workforce
Friday 8 March 2013 @ 11.33 a.m. | Industrial Law
In an article today in the Conversation, the discussion about legislating quotas for female board membership in companies was further progressed through research about the correlation between women working full time and women on boards.
It is almost universally accepted that women are under represented in business leadership and that something must be done to rectify the situation. What that is, however, is up for much debate.
A new research project by Professor Adams, The Commonwealth Bank Chair of Finance at the University of NSW, has revealed that to affect the under representation of women on the board, you cannot simply legislate quotas as this is "akin to treating a symptom rather than the disease. Quotas and targets seem too narrow a policy tool to address the underlying factors associated with the lack of women reaching the top."
She advocates developing ground roots policies which effectively propel women back into the workforce in full time careers enabling them to continue their careers during child rearing.
The level of government services to families also appears important. More services, such as childcare, make it easier for women to remain working and to pursue ambitious career paths.
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