Generate text that refutes this claim: Quota-led gender equality in executive boards will help shape a gender sensitive and highly performing business environment.  There are many reports showing that there is a positive correlation between the number of women on high positions and the companies’ performance. A report from The McKinsey Organizational Health Index (OHI) argues that companies with three or more women in top positions (executive committee and higher) scored higher than their peers. Companies that score highly on all the OHI measures have also shown superior financial performance. [1]  This is often related to the high overall education level of women on boards. In Norway, there has been some advancement in firms’ human capital as a result of the quotas, [2] which may result in increased profits in the future due to the increasing number of well educated women.  Female managers tend to promote a communal and collaborative style of leadership that can improve a company’s performance and work culture. Organizations with women in top leadership positions are also more likely to provide work-life assistance to all employees. [3] Norwegian scholars have found that the increased number of women on boards has led to more focused and strategic decision-making, increased communication, and decreased conflict. [4] In fact, many successful business women, such as Sheryl Sandberg, also argue that more women in business could change business ethics and the male-associated image of successful business model that will bring competitive advantages to companies and thus, to the EU economies. [5]  [1] Barsh, Joanna, and Lareina Yee. "Unlocking the Full Potential of Women in the US Economy." McKinsey &amp; Company. N.p., 2011. Web .  [2] Sandberg, Sheryl, Lean In: Women, Work, and the Will to Lead, New York, 2013  [3] Matos, Kenneth, and Galinsky, Ellen, “2012 National Study of Employers”, Families and Work Institute, 2012, p.45  [4] Sweigart, Anne. "Women on Board for Change: The Norway Model of Boardroom Quotas As a Tool For Progress in the United States and Canada." Northwestern Journal of International Law &amp; Business 32.4, 2012  [5] Sandberg, Sheryl, Lean In: Women, Work, and the Will to Lead, New York, 2013
gender house believes gender quotas eu are advantageous economies member states
It is difficult to evaluate whether a business institution change its values due to the increased number of women on board. On the contrary, companies stick to their values and hire people who behave according to them.  Also, it may be early to measure the positive impact of the quotas in Norway. A University of Michigan study found that the increased presence of women on boards in Norway led to slight losses in companies’ value. [1] One of the possible reasons is that women hired after the quotas implementation often had less upper management experience than the employees hired before that and who had to leave their posts, so companies could fulfil the quotas.  [1] Sweigart, Anne. "Women on Board for Change: The Norway Model of Boardroom Quotas As a Tool For Progress in the United States and Canada." Northwestern Journal of International Law &amp; Business 32.4, 2012