Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/251377 
Year of Publication: 
2022
Citation: 
[Journal:] DIW Weekly Report [ISSN:] 2568-7697 [Volume:] 12 [Issue:] 3/4 [Publisher:] Deutsches Institut für Wirtschaftsforschung (DIW) [Place:] Berlin [Year:] 2022 [Pages:] 32-39
Publisher: 
Deutsches Institut für Wirtschaftsforschung (DIW), Berlin
Abstract: 
This second report in the DIW Berlin Women Executives Barometer 2022 explores the designs and effects of gender quotas across Europe, coming to the conclusion that they are an effective instrument for increasing the share of women in top positions at large companies. Furthermore, the quotas differ greatly between the countries, for example in regard to the number of companies subject to the quota, the concrete quota targets, or sanctions. Using European data for the years 2003 to 2021, this report shows that the group of nine EU countries that have introduced a gender quota has a significantly greater share of women on top decision-making bodies than the group of the non-quota EU countries (almost 35 percent compared to 22 percent). Generally, the share of female non-executive directors (in Germany, this refers to supervisory board members) is higher than the share of female executive directors. The effectiveness of quota regulations has been confirmed by calculations that take into account that certain factors differ by country, such as cultural norms regarding gender roles or labor market policy and family policy. Against this background, the President of the European Commission's initiative to advance a draft directive for more equal representation of men and women on the boards of large companies appears helpful. The proposal is currently being blocked in the Council of the EU. If this changes, the share of women on boards could increase, especially in the countries that do not yet have a mandatory gender quota.
Subjects: 
corporate boards
board composition
boards of directors
board diversity
Europe
women directors
gender equality
gender quota
Germany
management
private companies
public companies
supervisory boards
executiveboards
CEOs
women
finance industry
financial sector
private and public banks
insurance companies
JEL: 
D22
J16
J59
J78
L21
L32
M14
M51
Persistent Identifier of the first edition: 
Document Type: 
Article

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