Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/268621 
Year of Publication: 
2023
Citation: 
[Journal:] DIW Weekly Report [ISSN:] 2568-7697 [Volume:] 13 [Issue:] 3/4 [Year:] 2023 [Pages:] 20-31
Publisher: 
Deutsches Institut für Wirtschaftsforschung (DIW), Berlin
Abstract: 
The upward trend in women's representation on executive and supervisory boards of major companies in Germany continued in 2022, although the overall momentum has slowed yet again. Growth on executive boards in particular has slowed, as the most recent DIW Berlin Women Executives Barometer shows: Following a significant increase at the 200 largest companies from 2020 to 2021, there was only a one-percentage-point increase to just under 16 percent in the share of women on executive boards in 2022. The greatest increases were in the DAX-40 companies, where there was a share of women on executive boards of over 20 percent for the first time, and companies with government-owned shares, where the share reached 30 percent for the first time. A similar development can be seen in supervisory boards, albeit on a higher level. This development suggests that the companies subject to the inclusion requirement for executive boards, which has been in effect since 2021, implemented it quickly, but have since slowed their efforts. With the Equal Participation of Men and Women in Leadership Positions Act and its successor, policymakers have recently significantly improved the conditions for more women in top bodies. Now companies must do the work, as gender parity remains a distant prospect in many places. Most importantly, companies should make efforts to create an inclusive work culture.
Subjects: 
corporate boards
board composition
boards of directors
board diversity
Europe
women directors
executive directors
gender equality
gender quota
Germany
management
private companies
public companies
supervisory boards
executive boards
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

Files in This Item:
File
Size
442.73 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.