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WOMEN MAKE up half of humankind, and it is reasonable for representative institutions such as corporate boards to reflect this. In 2022 the European Parliament ruled that at least 40% of non-executive directors at firms with more than 250 employees should be women by 2026. Britain’s FTSE 350 companies hit that mark last year, on average. Japan, where only 18% of directors are women, recently told big businesses to get to 30% by 2030. America’s constitutional dislike of quotas dooms similar efforts. But
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