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German Parliament approves quota for female directors
Associated Press ^ | Mar 6, 2015 8:03 AM EST | Geir Moulson

Posted on 03/06/2015 9:26:02 AM PST by Olog-hai

Germany’s Parliament on Friday approved a quota system that will require leading companies in Europe’s biggest economy to have at least 30 percent women on their supervisory boards starting next year.

The quota will apply to the directors of more than 100 listed companies, though not to their management boards. Another 3,500 firms will be required to set targets of their choosing to raise the number of female directors and women in other leadership positions. […]

Lawmakers from Chancellor Angela Merkel’s governing coalition of conservatives and Social Democrats backed the legislation Friday. Opposition lawmakers, who argued that it didn’t go far enough, abstained. …

(Excerpt) Read more at hosted.ap.org ...


TOPICS: Business/Economy; Germany; Government
KEYWORDS: eussr; femaleceo; quotas; socialmarketeconomy

1 posted on 03/06/2015 9:26:02 AM PST by Olog-hai
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To: Olog-hai

That’s easy. Short Germany.


2 posted on 03/06/2015 9:27:47 AM PST by SamuraiScot
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To: Olog-hai

Ridiculous.


3 posted on 03/06/2015 9:28:46 AM PST by BenLurkin (The above is not a statement of fact. It is either satire or opinion. Or both.)
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To: Olog-hai

Democrats introducing similar legislation in the Senate in 3....2.....1.....


4 posted on 03/06/2015 9:32:23 AM PST by Buckeye McFrog
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To: Olog-hai

Which is why you'll never see the modern equivalent of my car, again.

5 posted on 03/06/2015 9:33:09 AM PST by 2ndDivisionVet (The question isn't who is going to let me; it's who is going to stop me.)
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To: Olog-hai

It will be like affirmative action in the USA. hire the token AA hire, stick them in some highly visible but incredibly useless position. They will invent new titles for the incompitent women like “Eco-Communications officer.”


6 posted on 03/06/2015 11:05:57 AM PST by Organic Panic
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