Artikel
Women Still Greatly Underrepresented on the Top Boards of Large Companies
Executive and supervisory boards of large companies in Germany are still dominated by men - to an extraordinary degree. Only 2.5% of all executive board members in the200 largest companies (not including the financial sector) are women, and only 10% of all seats on supervisory boards are occupied by women. The situation in the financial sector is similar: in the 100 largest banks, 2.6% of all executive board members are women, and in the 62 largest insurance companies, 2.8% of executive board members are women. The percentage of women on financial sector supervisory boards is higher than their percentage in the top 200 companies: 16.8% in banks and savings banks, and 12.4% in insurance companies. In total, about three-quarters of women with a seat on a supervisory board are appointed by employee representation bodies and therefore have their seat as a result of employee codetermination practices. Aside from a few positive examples, the situation on both types of management boards has hardly changed at all in the last few years. It remains to be seen whether the plan to gradually increase the number of women in management positions, as agreed upon in the German government's 2009 Coalition Agreement, will have more success than the voluntary commitments made by Germany's top business associations in their 2001agreement with the German government. The implementation of the latter initiative private-sector companies can be considered a failure given the virtually unchanged gender composition of top management in large private-sector companies.
- Language
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Englisch
- Bibliographic citation
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Journal: Weekly Report ; ISSN: 1860-3343 ; Volume: 6 ; Year: 2010 ; Issue: 7 ; Pages: 45-53 ; Berlin: Deutsches Institut für Wirtschaftsforschung (DIW)
- Classification
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Wirtschaft
Corporate Finance and Governance: Government Policy and Regulation
Economics of Gender; Non-labor Discrimination
Corporate Culture; Diversity; Social Responsibility
- Subject
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Board diversity
Women CEOs
Gender diversity
Management
- Event
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Geistige Schöpfung
- (who)
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Holst, Elke
Wiemer, Anita
- Event
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Veröffentlichung
- (who)
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Deutsches Institut für Wirtschaftsforschung (DIW)
- (where)
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Berlin
- (when)
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2010
- Handle
- Last update
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10.03.2025, 11:45 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Holst, Elke
- Wiemer, Anita
- Deutsches Institut für Wirtschaftsforschung (DIW)
Time of origin
- 2010
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Women Still Greatly Underrepresented on the Top Boards of Large Companies
Women Managers : Enormous Deficit in Large Companies and Employer's Associations
Passed over for promotions: Women still severely underrepresented on financial sector boards
Management Staff by International Comparison : Most of the Women on Supervisory Boards in Germany are Works Council Representatives
Corporate boards of large companies: More momentum needed for gender parity
Increasing Number of Women on Supervisory Boards of Major Companies in Germany: Executive Boards Still Dominated by Men
Women on high-level boards of banks and insurance companies: Growth coming to a standstill on supervisory boards
Top Posts in Big Companies Firmly in Male Hands
Verringerung des Gender Pay Gap : Fast wurde vergessen daran zu arbeiten: Kommentar
Full-time Workers Want to Work Fewer Hours, Part-time Workers Want to Work Longer Hours
Women Managers: Enormous Deficit in Large Companies and Employer's Associations