What do these have in common??
Calls for reform to the make up of Canadian corporate boards are one thing. Whether Canadian corporations are heeding these calls is quite another. In fact, change is being made at glacial speed.
Women comprise about 48% of Canada's labour force but hold barely 15% of board seats on the FP 500. And, their representation has stayed stubbornly t about 11% for the last 5 years. This representation has moved somewhat for federal Crown corporations from about 29% 5 years ago to about 32% presently.
Close to 30% of the FP 500 have 2 or more women on the board. Companies with 1 woman on the board but less than 25% comprise 47%. Companies with between 25% and 25% women directors comprise 9%. Companies with at least 35% female directors comprise 3%.But somewhat over 40% still have no female representation. At the rate of change of adding women to boards of directors, 20% of all board seats on FP 500 companies will be held by women by 2020.
Maybe its time to legislate equity?
As several industrialized countries have discovered, legislation is needed to achieve balanced board representation. Switzerland, Spain, Norway and France have passed the requisite regulation with a goal of achieving 40% by 2018. By comparison, our Federal Advisory Council for Women on Boards in 2014, set a voluntary goal of 30% representation by 2019.
Is bias against women systemic? Is it based on our own cultural norms? Is that why what appears on its merits to be a no brainer, it is still not embraced? I would think so.
1) when did women get the vote in the UK?
2) when did women get the vote in the US?
3 when did women get the vote in Canada?
4) when did Canadian women get common possession of property with a spouse?
5) when were Canadian women allowed to sign property documents without their husbands signature?
6) At the current rate of recruitment, how long will it take women t have gender parity on FP500 boards?
7) Having women on boards will increase the rate of return on equity by___%
8) Having women on boards will increase the rate of sales by____%.
9) Having women on Boards will increase the return on capital by____%
10) Governments make the same expectations of themselves in appointments of women to agencies, boards and commissions as they have of boards in similar circumstances T___F___
11) It is believed by Board nominating committees that a woman's responsibilities in the home will hinder her ability to perform her duties as a board member. T___F___
Answers provided tomorrow
Also to watch for. The Sears employees lost much of their pensions thanks to the mismanagement of that brand. Is your government pension also at risk? I looked at mine and was less than impressed. A checklist to evaluate how your plan's directors manage your plan pension plan.
Is bias against women systemic? Is it based on our own cultural norms? Is that why what appears on its merits to be a no brainer, it is still not embraced? I would think so.
1) when did women get the vote in the UK?
2) when did women get the vote in the US?
3 when did women get the vote in Canada?
4) when did Canadian women get common possession of property with a spouse?
5) when were Canadian women allowed to sign property documents without their husbands signature?
6) At the current rate of recruitment, how long will it take women t have gender parity on FP500 boards?
7) Having women on boards will increase the rate of return on equity by___%
8) Having women on boards will increase the rate of sales by____%.
9) Having women on Boards will increase the return on capital by____%
10) Governments make the same expectations of themselves in appointments of women to agencies, boards and commissions as they have of boards in similar circumstances T___F___
11) It is believed by Board nominating committees that a woman's responsibilities in the home will hinder her ability to perform her duties as a board member. T___F___
Answers provided tomorrow
Also to watch for. The Sears employees lost much of their pensions thanks to the mismanagement of that brand. Is your government pension also at risk? I looked at mine and was less than impressed. A checklist to evaluate how your plan's directors manage your plan pension plan.
No comments:
Post a Comment