Angela Merkel promotes the female quota in the direc …

Germany to require women to sit on boards of large listed companies. The country ruled by Chancellor Angela Merkel and which has the largest economy in Europe, has introduced a bill to impose a female quota.

According to the text, which has not yet been approved by the deputies, at least one woman should be part of the boards of directors of private companies German who are composed of more than three people. The quota will also be mandatory on the boards of companies in which the State is a shareholder and public bodies.

“We can show that Germany is on the way to becoming a modern society, promoting the future,” Family Minister, Social Democrat Franziska Giffey, told reporters, who presented the text with Minister of Justice and his colleague. , Christine Lambrecht.

The head of the Justice portfolio assured that the project was an “important signal for highly qualified women” and called on companies to “seize the opportunity” offered by this quota to increase the presence of women in managerial positions, generally granted. males.

According to a recent study by the German-Swedish Allbright Foundation, Women represent only 12.8% of board members of the 30 companies listed on the Dax index of the Frankfurt Stock Exchange.

According to the data collected by the study, if we take into account the 30 largest business groups in each country, the presence of women in managerial positions reaches 28.6% in the United States; 24.9 percent in Sweden; 24.5% in the United Kingdom and 22.2% in France.

The law project -which must be voted on before the end of the term of the current legislature in September of this year- is supported by Merkel. However, the initiative met a lot of resistance within his party, the Conservative Christian Democratic Union of Germany (CDU), which governs in alliance with the Social Democrats of the SPD and He also received criticism from various sectors of the German business community who denounced state interference in their businesses..

In Argentina, in August of last year, The government has decided that the boards of associations and companies which register with the General Inspectorate of Justice (IGJ) must have “a composition which respects gender diversity”, comprising the same number of men as women. In the event that the number of members to be covered is an odd number, it must be integrated in a mixed way, “with a minimum of one third of female members”.