Should the U.S. consider gender boardroom quotas?

Europe has taken the lead in making boards more balanced

Boardroom
(Image credit: (Thinkstock))

In Germany, where women hold just 12 percent of corporate board seats, the Social Democrats and conservative Christian Democrats this week agreed on a gender quota for German companies. Under the law, companies will have to fill 30 percent of their non-executive board seats with women starting in 2016. Companies that fail to meet that quota will have to leave those seats vacant.

Plenty of Germans are not crazy about the idea. "It's a toad that we're going to have to swallow," CDU parliamentarian Michael Fuchs told RTE. "There are companies where that's going to be difficult."

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
To continue reading this article...
Continue reading this article and get limited website access each month.
Get unlimited website access, exclusive newsletters plus much more.
Cancel or pause at any time.
Already a subscriber to The Week?
Not sure which email you used for your subscription? Contact us

Carmel Lobello is the business editor at TheWeek.com. Previously, she was an editor at DeathandTaxesMag.com.