Germany’s coalition government adopted a draft law two weeks ago requiring corporations to allocate at least 30 percent of supervisory board positions to women, starting in 2016. The bill will go to Parliament on Thursday and is widely expected to pass.
Yet those cheering this decision as a major coup should hold the schnapps. Although the quota may somewhat improve corporate diversity in Europe’s leading economy, there is little reason to think it will make any real difference for German women.
At present, men occupy about 80 percent of boardroom positions in Germany’s largest corporations; women hold only 22 percent of nonexecutive board positions in the 30 companies on its DAX stock exchange.… Seguir leyendo »