Marcin Balcerzak (Copyright)  B ro Office
Report, 20 Jan 2017

The gender quota for supervisory boards that has been mandatory since January 2016 has shown an initial impact. According to DIW Berlin’s Women Executives Barometer, at the end of 2016, there were more women on the supervisory boards of the 106 companies subject to the statutory quota than one ... more

sunshine (Copyright)  R ckansicht Von
Interview, 20 Jan 2017

Since January 1, 2016, Germany has a statutory gender quota for corporate supervisory boards. Women must be appointed to vacant positions until the board has a proportion of 30 percent. Mrs. Holst, it’s been almost exactly one year – is it possible to draw any initial conclusions? The ... more

Elena (Copyright)  Finanzdistrikt Finanzdistrict District
Report, 20 Jan 2017

Women are still in the clear minority among the financial sector’s top decision-making bodies. According to DIW Berlin’s Women Executives Barometer, at the end of 2016, 21 percent of the supervisory and administrative board members of the 100 largest banks were female. The number ... more

Monika Dietsch (Copyright)  Geld Cash Finanzen
Roundup, 09 Jan 2017

Inflation targeting has become one of the most prominent monetary regimes around the globe. Proponents argue that it reduces the dynamic inconsistency problem of monetary policy and thereby stabilises prices, which in turn promotes growth. Opponents, on the other hand, say that by focusing on price ... more

Stefan Redel (Copyright)  Finanzamt Formular Steuererkl
Report, 21 Dec 2016

A comprehensive, microdata-based analysis of the German tax system’s distributional effects in 2015 shows that the total tax burden from direct and indirect taxes is slightly progressive on higher income segments, but regressive in the lower income deciles. Income and corporate taxes are ... more

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by Elke Holst, Katharina Wrohlich, in DIW Economic Bulletin

The gender quota for supervisory boards that has been mandatory since January 2016 has shown an initial impact. According to DIW Berlin’s Women Executives Barometer, at the end of 2016, there were more women on the supervisory boards of the 106 companies subject to the statutory quota than one year before. Their proportion increased by a solid four percentage points to more than 27 percent. And in the other groups of companies studied, the number of female supervisory board members also rose. However, the calculations based on the top 200 companies also showed that in companies in which the supervisory board already consisted of one-third women, the proportion hardly increased or did not increase at all. The gap between supervisory and executive boards has also widened because growth in the latter has flattened. Women represent only 6,5 percent of the executives at companies subject to the quota — even fewer than in the DAX 30 (11 percent) and the average of the 200 highest performing companies in Germany (eight percent). In companies with government-owned shares, the momentum has decreased significantly — they run the risk of losing their function as role models. To forestall a tightening of the law, companies should ensure more balanced gender representation on all executive levels.

by Elke Holst, Katharina Wrohlich, in DIW Economic Bulletin

Women are still in the clear minority among the financial sector’s top decision-making bodies. According to DIW Berlin’s Women Executives Barometer, at the end of 2016, 21 percent of the supervisory and administrative board members of the 100 largest banks were female. The number has stagnated compared to last year. Since 2010, when the discussion about the gender quota for supervisory boards gained momentum, growth has been relatively flat — particularly in comparison to the top 100 companies outside the financial sector. At insurance companies, the proportion of women on supervisory boards was a solid 22 percent (an increase of around three percentage points). This puts insurance companies ahead of banks for the first time since 2006. Also of note: companies whose supervisory boards contained one-third women were not able to increase this number in 2016. Extrapolating from the past decade, supervisory boards of banks would need 50 years for the ratio of women to men to be equal. Gender parity in executive boards would be reached in 80 years. The proportion of women on executive boards remained very low overall as it reached roughly ten percent at insurance companies and eight percent at banks.

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