German Lawmakers Approve Rule to Boost Women in Boardrooms

german lawmakers approve rule to boost women in boardrooms

Sumary of German Lawmakers Approve Rule to Boost Women in Boardrooms:

  • Some of Germany largest companies must ensure they have at least one woman on their management boards under legislation passed by the country lower house of parliament..
  • Bundesrat, Germany upper house of parliament, will next consider the legislation, but its approval isn’t required for the bill to become law..
  • Newsletter Sign-up Risk and Compliance Journal The share of women on management boards at the affected companies that are also part of Germany bellwether DAX market index has risen to 16% from 12% in roughly the past half year, according to DIW Berlin….

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