Julie Anne Genter sounded a ministerial warning to the private sector over the numbers of women on boards. If companies don’t raise the percentage from around 19%, she said on a Q+A interview, “then we might have to start thinking about ways government can incentivise them”.
She would consider using whatever tools would be most effective at motivating change while ensuring against any perverse consequences.
Blogger Ele Ludemann, at Homepaddock, expressed the concerns – if not dismay – that will be harboured by anyone bothered by the excessive intrusion of the state in what we do, what we say, what we think, and how we run our businesses.
Company directors are elected by shareholders in the private sector, she pointed out,
“ … and what she’s saying suggests that the government might come up with something that would interfere with their right to elect who they want.”
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