Germany's Coalition to Require More Women in Boardrooms
Before Germany’s Social Democratic Party (SDP) reached a coalition agreement with Angela Merkel’s Christian Democratic Union (CDU) in November, it set 10 conditions. One of them, die Frauenquote, or the women’s quota, has many of the country’s corporate executives über annoyed. The idea is to force companies listed on Germany’s DAX index to fill at least 30 percent of their supervisory board seats with women by 2016. (German public companies have a supervisory board, equivalent to a board of directors, and a management board that runs the company.)
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