Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/282333 
Year of Publication: 
2024
Citation: 
[Journal:] DIW Weekly Report [ISSN:] 2568-7697 [Volume:] 14 [Issue:] 3 [Year:] 2024 [Pages:] 17-28
Publisher: 
Deutsches Institut für Wirtschaftsforschung (DIW), Berlin
Abstract: 
The number of women serving on the executive boards of large companies in Germany once again increased in 2023: Around 18 percent (153 of 875) of executive board members at the 200 largest companies were women as of late fall 2023, two percentage points higher than in 2022. Thus, growth has slightly picked up again. In some of the groups of companies analyzed, the figure was even higher. Around 23 percent of executive board members at the DAX 40 companies, for example, are women. The largest banks and insurance companies, which in the past years have lagged considerably behind other private sector companies and companies with government-owned shares, managed to catch up a bit. In many places, this growth is due to the fact that companies have appointed a woman to their executive board for the first time. Beyond that, there is currently not much progress. In addition, the number of women holding the position of CEO has decreased in many groups of companies. More commitment is needed from companies, both internally (e.g., from the supervisory board) and externally (e.g., from investors) to achieve gender parity in senior leadership positions.
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

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