Only a few women continue to work in boards of German DAX companies. A study by Allbright Foundation has compared 30 largest listed companies in France, United Kingdom, Poland, Sweden, USA and Germany and comes to conclusion: nowhere are so few women represented at management level as in Germany.
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In Federal Republic, only about 12 percent of board members were female. Similar quotas would be in Turkey or India. In USA or Sweden, proportion of women in boards of top companies is around one quarter. In UK, according to study, about 20 percent of board members are female, 15 per cent in Poland and France.
In large companies such as Apple, IBM, Coca-Cola, Hennes Mauritz, L’Oréal, Danone or Unilever, more than 30 percent of women already worked on boards. In Germany, however, not a single Dax group is able to reach a 30 percent share of women in Management board. Moreover, in Germany no top companies is managed by a woman – a unique selling point.
USA are most consistent managers in
According to results of study, not only reconciliation of family and occupation with proportion of women in management decides, but above all attitude of companies. In comparison, US is country with worst framework conditions, yet stelltenUnternehmen most consistent manager.
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The lack of participation of women in German boards threatens competitiveness of German companies: “A furr decline in diversity and digitisation would be dangerous in view of international competition,” said Managing director of Allbright Foundation, Wiebke Ankeren and Christian Berg. Sticking to usual prevent economic progress.
“Backward and unwise”
Franziska Giffey, Federal Minister for Family Affairs, Senior Citizens, Women and Youth (SPD), also criticized German DAX companies: current personnel policy of companies was “not only reversed, it is also unwise”. The added value of mixed teams in executive floors is scientifically proven. “Innovation in Germany is only possible if we take full advantage of potentials of men and women,” said minister.
The federal Minister of Finance Peter Altmaier (CDU) also called for a rethink: “In context of advancing demographic change, Germany will increasingly depend on fact that all intelligent heads, wher male or female, develop ir potential Can. “
The non-profit Allbright Foundation is headquartered in Berlin and Stockholm. The Foundation is committed to greater diversity in management positions of economy.
