{"id":34068,"date":"2020-11-26T06:51:05","date_gmt":"2020-11-26T06:51:05","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=34068"},"modified":"2020-11-26T06:51:07","modified_gmt":"2020-11-26T06:51:07","slug":"germanys-new-boardroom-quota-for-women","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/germanys-new-boardroom-quota-for-women\/","title":{"rendered":"Germany\u2019s new boardroom quota for women"},"content":{"rendered":"\n<p>A working group of Germany\u2019s ruling coalition parties headed by Chancellor Angela Merkel agreed to impose a mandatory quota for the number of women working in senior management positions in the country\u2019s listed firms.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.gkseries.com\/blog\/current-affairs-quiz-2019-daily-gk\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Daily Current Affairs Quiz 2020<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Key-Points<\/h2>\n\n\n\n<p>&nbsp;A final decision on the key points of the legislation, called the Second Management Positions Act, will be made by the cabinet this week.<\/p>\n\n\n\n<p>As per the agreed-upon provisions, in case executive boards of listed companies have more than three members, one of them must be a woman.<\/p>\n\n\n\n<p>Further, companies in which the federal government has a stake will require a supervisory board quota of at least 30 per cent and minimum participation in executive boards.<\/p>\n\n\n\n<p>Since 2015, Germany, which is Europe\u2019s biggest economy, has had a voluntary quota of 30 per cent for women on supervisory boards.<\/p>\n\n\n\n<p>However, various studies have indicated this did little to improve the proportion of senior executive positions held by women. The new provisions will build upon this already existing voluntary quota.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A working group of Germany\u2019s ruling coalition parties headed by Chancellor Angela Merkel agreed to impose a mandatory quota for the number of women working in senior management positions in the country\u2019s listed firms. Daily Current Affairs Quiz 2020 Key-Points &nbsp;A final decision on the key points of the legislation, called the Second Management Positions [&hellip;]<\/p>\n","protected":false},"author":404,"featured_media":34069,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1329],"tags":[58],"class_list":["post-34068","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-november-2020","tag-international-current-affairs"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/34068","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/404"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=34068"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/34068\/revisions"}],"predecessor-version":[{"id":34070,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/34068\/revisions\/34070"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/34069"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=34068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=34068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=34068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}