Advanced Search
MyIDEAS: Login

The German Financial Sector: Male Dominance in Top Decision-Making Bodies Remains Pervasive

Contents:

Author Info

  • Elke Holst
  • Julia Schimeta

Abstract

In the German financial sector, the majority of employees are women, but it is still men who hold the top positions. With women making up only 4.2 percent of the boards of the largest banks and savings banks, they were still vastly underrepresented at the end of 2012 (up 1 percentage point from the end of 2011). The story is similar on the boards of the major insurance companies. The situation is somewhat better on supervisory boards: At the largest banks and savings banks, women made up 17.8 percent of all board members at the end of 2012 (up 1.2 points), and 15.3 percent at insurance companies (up 2.2 points). The vast majority of these women are employee representatives, but the percentage of women being appointed as shareholder representatives is increasing. If the financial sector does not make significant progress in achieving more representation for women in top decision-making bodies in the foreseeable future, political pressures on them to do so will likely increase. This also applies to top positions in the ECB and the Financial Market Authority.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.diw.de/documents/publikationen/73/diw_01.c.416662.de/diw_econ_bull_2013-03-3.pdf
Download Restriction: no

Bibliographic Info

Article provided by DIW Berlin, German Institute for Economic Research in its journal DIW Economic Bulletin.

Volume (Year): 3 (2013)
Issue (Month): 3 ()
Pages: 16-24

as in new window
Handle: RePEc:diw:diwdeb:2013-3-3

Contact details of provider:
Postal: Mohrenstra├če 58, D-10117 Berlin
Phone: xx49-30-89789-0
Fax: xx49-30-89789-200
Email:
Web page: http://www.diw.de/en
More information through EDIRC

Related research

Keywords: financial sector; board diversity; women CEOs; gender equality; . - management; public and private sector banks; insurances companies;

Find related papers by JEL classification:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:diw:diwdeb:2013-3-3. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Bibliothek).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.