Are Board Gender Quotas a Good Idea?

Argentina 's Buenos Aires Office of Corporations revoked a resolution imposing gender quotas on selected corporations.

The resolution had been issued in August 2020 , when a severe lockdown was being imposed on Argentina ’s already disastrous economy.

Norway was the first country to introduce gender quotas for public-company boards in 2004 .

In Norway , after it was announced that gender quotas would be imposed upon public companies, firms reorganised themselves as private companies or incorporated abroad.

In public corporations, it may be in the best interests of shareholders that the government impose certain requirements on the election of directors to prevent fraud.

Critics argue that mandatory quotas produce only cosmetic changes.

Quota advocates express a desire for women to be accepted as part of the “old boys club’s club.

But won’t this virtuous circle be destroyed by the artificial imposition of gender quotas? And how will young women feel empowered? There are no simple solutions to complex problems. The more we try to limit freedom in the interests of desirable social change.