Women and politics
This week, the EU announced that it was looking into a quota system to bring more women into company boardrooms, and Mitt Romney remains in the lead at the Republican primaries. We look at what the business press has to say.
Women at the top
The Financial Times writes that quotas alone will not solve the gender imbalance. Instead, the newspaper says, companies must work harder to introduce more diversity at the levels of middle and senior management. This search for diversity, the Financial Times argues, should be about “race, culture and social background” as well as gender.
… Norway, often held up as a shining example of gender balance, first proposed a quota of 40 per cent almost a decade ago. The initiative has been remarkably successful in boosting the number of female non-executives. Yet the fact that just 2 per cent of chief executives at quoted companies are women shows there is still a glass ceiling and the quota law has not shattered it. …
The Wall Street Journal notes that many Republicans are not convinced that Mitt Romney can defeat US President Barack Obama in the November elections. Still, the other candidates have not proved that they could be any more successful.
… It’s clear that most tea partiers and the most conservative voters still prefer another candidate, but Mr. Romney won enough of them to build his lead. His pro-growth 20% tax cut and tax reform outline … have been important to winning over conservative skeptics who favor substance over biography. …