IDEAS home Printed from https://ideas.repec.org/a/diw/diwwob/80-3-3.html
   My bibliography  Save this article

Finanzsektor: Männliche Dominanz in Top-Entscheidungsgremien bleibt erdrückend

Author

Listed:
  • Elke Holst
  • Julia Schimeta

Abstract

In the financial sector, women represent the majority of employees, but it is still men who remain in the top positions. With women making up only 4.2 percent of the boards of the largest banks and savings banks at the end of 2012, they are still very much underrepresented (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 still employee representatives-even though more women are being appointed by the shareholders. If the financial sector does not make significant progress in achieving more representation for women in top decisionmaking bodies in the foreseeable future, then political pressure on them to do so will probably increase. This also applies to top positions in the ECB and the Financial Market Authority. Im Finanzsektor stellen Frauen die Mehrheit der Beschäftigten, an der Spitze stehen aber nach wie vor Männer. Bei einem Anteil von gut vier Prozent waren Frauen in den Vorständen der größten Banken und Sparkassen auch Ende 2012 noch immer die große Ausnahme (+1 Prozentpunkt gegenüber Ende 2011). In den Vorständen der großen Versicherungen sieht es ähnlich aus. Etwas besser stellt sich die Situation in den Aufsichtsräten dar: In den größten Banken und Sparkassen waren Frauen Ende 2012 zu fast 18 Prozent repräsentiert (+1,2 Punkte), in den Versicherungen zu gut 15 (+2,2 Punkte). Vertreterinnen der Arbeitnehmerschaft stellen hier nach wie vor die große Mehrheit der Frauen - auch wenn mittlerweile mehr Frauen von der Eigentümerseite entsendet werden. Sollte die Finanzbranche es in absehbarer Zeit nicht schaffen, deutliche Fortschritte hinsichtlich der Repräsentanz von Frauen in Spitzengremien zu erzielen, wird der politische Druck voraussichtlich steigen. Dies gilt auch für die Besetzung von Spitzenpositionen in der EZB und bei der Finanzmarktaufsicht.

Suggested Citation

  • Elke Holst & Julia Schimeta, 2013. "Finanzsektor: Männliche Dominanz in Top-Entscheidungsgremien bleibt erdrückend," DIW Wochenbericht, DIW Berlin, German Institute for Economic Research, vol. 80(3), pages 16-24.
  • Handle: RePEc:diw:diwwob:80-3-3
    as

    Download full text from publisher

    File URL: http://www.diw.de/documents/publikationen/73/diw_01.c.414314.de/13-3-3.pdf
    Download Restriction: no

    References listed on IDEAS

    as
    1. Homburg, Stefan & Houben, Henriette & Maiterth, Ralf, 2007. "Rechtsform und Finanzierung nach der Unternehmensteuerreform 2008," EconStor Open Access Articles, ZBW - German National Library of Economics, pages 376-381.
    2. Homburg, Stefan & Houben, Henriette & Maiterth, Ralf, 2008. "Optimale Eigenfinanzierung der Personenunternehmen nach der Unternehmensteuerreform 2008/2009," EconStor Open Access Articles, ZBW - German National Library of Economics, pages 29-47.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Financial sector; board diversity; women CEOs; gender equality; . - management; public and private Banks; insurances companies;

    JEL classification:

    • G2 - Financial Economics - - Financial Institutions and Services
    • J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination
    • J78 - Labor and Demographic Economics - - Labor Discrimination - - - Public Policy (including comparable worth)
    • L32 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Public Enterprises; Public-Private Enterprises
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • M51 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Firm Employment Decisions; Promotions

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:diw:diwwob:80-3-3. 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). General contact details of provider: http://edirc.repec.org/data/diwbede.html .

    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.

    We have no references for this item. You can help adding them by using 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 RePEc Author Service 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.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.