| The Norwegian Revolution - FEMALE FUTURE, NHO |
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Spring 2003 Proposition to Parliament to introduce the 40% quota for an “under represented gender” covering 500 PLC’s and all state-owned and inter-municipal companies in Norway 03. 2003 NHO: LANUCHING OF THE FEMALE FUTURE PROJECT November 2003 Norwegian parliament voted for the law with a majority (amendment added later to enable courts to dissolve a company if it was found not to be complying with the law) January 2004 The law came into force in regard to state-owned and inter-municipal companies, allowing for a two year period of transition Private PLC’s given two years to get their own houses in order January 2006 All state-owned and inter-municipal companies had complied with the law Private PLC’s had not changed and therefore, the Government enforced the law in regard to the PLC’s, giving them the same two year period to make the change Spring 2008 Most PLC’s had complied with the new law In 2003, 7% of their boards were made up of females and by July 2008 it had increased to 39% Winter 2010 France, NL, Belgium and the UK follow Norway and Urganda and Japan up the Female Future project...
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