Germany Will Now Require Companies To Put Women On Their Executive Boards

  • 📰 ScaryMommy
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

Germany is working to finalize a law that would require large companies to have women executives to serve on their boards.

, and we’re honestly not sure why more countries aren’t doing this.

“We are putting an end to women-free boardrooms at large companies,” said Franziska Giffey, the minister for women and families, who also called the new law a “historic breakthrough.” Considering Germany currently has the largest economy in all of Europe, we have to agree. This is major. However, naturally, there has also been opposition to the law. The Federation of German Industries, which represents 40 different trade groups, said that while it supports the idea of appointing women to leadership roles , having a required quota was “a major intervention in entrepreneurial freedom.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 116. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines