The German Cabinet on January 6, 2021 approved bill to boost the number of female executives in the country’s corporate boardrooms. The move is expected to close the gender gap in the corporate world.
- Listed companies with four executives or more must appoint at least one woman to their boards, according to a draft law to be voted on by parliament.
- Just 12.8% of management board members at Germany’s 30 largest listed companies in DAX index are women . By comparison, women take up 28.6% of top roles in the United States, 24.5% in Britain and 22.2% in France.
(Source: DW)
