Minister of Economy moves for gender quotas on state companies’ boards

The minister has put forward a bill that provides for restricting the representation of either gender in state and municipal companies’ management boards to not more than two-thirds.

“Based on data available to us, only 31 of 89 management board members at state-owned enterprises were female. We want proportional and fair participation of women in the decision-making process,” he told BNS.

Sinkevicius brought forward the proposal as the Social Democrats on Thursday started voting in the party’s first-ever direct leadership election, in which the 32-year-old minister is running against four other candidates.

Norway in 2003 became the first country to impose gender quotas in state-owned companies, which are required to allocate 40 percent of seats to women. Similar laws were later adopted by France, Germany, Spain and the Netherlands.

Related Post

Gender quotas are generally supported by left-wing parties, which say that such quotas help ensure gender equality and cite research showing that higher female participation increases labor productivity.

Critics argue that such quotas only increase bureaucracy without addressing key social problems that prevent women from pursuing careers and may set artificial hurdles for more qualified people to fill these positions.

The Social Democrats are electing their chairperson in a direct election for the first time. Voting began on Thursday and will continue through Saturday, with the results expected to be announced on Apr. 10.

Share

Recent Posts

  • Foreign affairs

“No need to mince words”: an assessment of what Trump’s victory means for Lithuania

"We can shout very loudly, but it won't change the position of the American people,"…

2 days ago
  • Latest

Lies, disrespect and mockery: experts assess Blinkevičiūtė’s “gift” to voters without scruples

From mocking messages flooding social networks to harsh criticism from political experts, the decision of…

1 week ago
  • Foreign affairs

Another year in the sovereign history of Kazakhstan

Republic Day has been celebrated in Kazakhstan as the main national date since 2022, giving…

2 weeks ago
  • Defence

In the assessment of NATO’s readiness for war with Russia, there is also a warning about the Baltic states: what is the Kremlin’s wild card?

According to Lrytas.lt, the North Atlantic Treaty Organisation (NATO) faces a new geopolitical reality with…

2 weeks ago
  • Tribune

The Citus projects: The Kaip Niujorke by CITUS project continues – the spirit of New York unfolds in Vilnius, and the second phase is launching

In September, Citus – a creative real estate projects’ development and placemaking company – began…

2 weeks ago
  • Latest

These parties will enter the Seimas for the third time in a row. How many votes did they lose, and how many did they gain?

As various parties emerge, disappear or reorganize themselves in the political space, the Lithuanian Social…

3 weeks ago