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Germany sets gender quota in company boardrooms

Passes law requiring Europe's biggest companies to give 30% of supervisory seats to women

Alison Smale & Claire Cain Miller  |  Berlin 

Germany on Friday became the latest and most significant country so far to commit to improving the representation of women on corporate boards, passing a law that requires some of Europe's biggest companies to give 30 per cent of supervisory seats to women beginning next year. Fewer than 20 per cent of the seats on corporate boards in Germany are held by women, while some of the biggest multinational companies in the world are based here, including Volkswagen, BMW and Daimler - the maker of Mercedes-Benz vehicles - as well as Siemens, Deutsche Bank, BASF, Bayer and Merck. Supporters ...

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First Published: Sat, March 07 2015. 21:10 IST
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