Categories: Economy

Research: More women at the top of German companies, behind the Netherlands Related articles

Almost 23% of the top 40 largest listed companies in Germany are women. This is an increase of nearly 4 percentage points from a year ago. Our eastern neighbors are therefore doing much better than the Netherlands, where the top management is still a male bastion.

(Unsplash / ThisisEngineering RAEng)

Consulting firm Russel Reynolds has spearheaded research on women in top German companies. Only four companies have no women on their boards yet. According to the consultancy, these were mainly women who were already employed by the companies in question. In two companies, half of the board of directors is now made up of women. The locations they end up in are also of greater importance, according to Russell Reynolds.

Legislation

According to the consultancy firm, the increase in the number of women is due to the introduction of a new law. With this, the German government obliges listed companies to appoint a woman on the board: at least one on the boards of three or more directors. That rule now appears to be paying off, concludes Russell Reynolds.

Netherlands

This means that Germany is doing much better than the Netherlands. An inventory by NU.nl shows that 47 of the 50 managing directors of the largest and medium-sized listed companies in our country are men. In one company, a man and a woman share the top position, and in the other two, a woman is at the helm.

A transitional quota for supervisory boards already exists in our country. When a supervisory director of a listed company resigns, she must be replaced by a woman.

Also listen | BREAKS: The time has come for a female quota in the top positions of Dutch companies

Author: Jasper dams
Source: BNR

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