Home  |  Login  |  FAQ  |  Advertise  |  Services  |  Recommend  |  FeedBack  |  Contact Us  
Home
News

 Other Sections
ACN Ghana 2008
Sports
Finance
Business Directory
Online Forms
Real Estate
Classifieds
Auto
Jobs
Events
Downloads
World Cup 2010
Travel
About Ghana
Our Services
News Headlines
 More
Germany rejects quota for women in boardrooms
News Date: 18th April 2013


Germany's parliament rejected Thursday a plan to set a women's quota on corporate boards, an issue that has stirred passionate debate in the country and forced Chancellor Angela Merkel to reverse her position in the middle of an election campaign.

In a 320-277 split, the Bundestag lower house rejected a bill previously adopted by the opposition-controlled Bundesrat upper house which would set a women's quota of 40 per cent in phases starting from 2023.

A parliamentary report before the vote said that at Germany's top 200 enterprises, women currently have only 10 to 17 per cent of the seats on supervisory boards, the topmost layer of corporate governance.

Merkel, who had previously said business should voluntarily raise women's presence at the top, suddenly committed earlier this week to a boardroom quota from 2020 - a move that angered business groups and conservatives, who see it as unwarranted government intrusion into the economy.

The chancellor's hand was forced by the threat of a split in her Christian Democratic bloc. Political handlers feared Labour Minister Ursula von der Leyen and other liberals would laud the quota, giving a propaganda victory to the opposition.

In response, Merkel promised to put mandatory quotas in the platform of her Christian Democrats for this year's September 22 election. It would set a women's quota of 30 per cent in the boardrooms from 2020.

Left-wing critics say the promise may never translate into legislation. Germany's first female chancellor, who has a doctorate in physics, has often stayed away from gender equality issues, arguing that an employee's qualifications trump their gender.

Frank-Walter Steinmeier, leader in parliament of the opposition Social Democrats, told dpa in an interview: "She couldn't care less about the issue. All that matters to her is avoiding hassle. The ones paying the price are the women of this country."

"(Merkel) acts as if she wants to do something to bring work and raising a family into sync," Steinmeier said. "She does a sort of political counterfeiting with nothing at its heart. The result is that we've had four years of standstill, dispute and hesitation."

An opposition proposal to compromise by setting a lower, 20-per-cent quota to start in 2018 also failed to win support in parliament on Thursday.


Source: GNA


 More
 Search News
 
 Advanced Search

ADVERTISEMENT
  Latest News Headlines
Asogli Yam Festival launched
Police meet traders over demonstration
Gomoa East NDC retains incumbent chairman
Health specialist calls for intelligent actions to curb Ebola
Al Jazeera searches for good governance in Africa
Ghanaian's Opt for Samsung Barter Deal
Road crash kills 21 at Adansi
Vice President says human contacts should be minimised
Conference on Anaesthetic Equipment and Usage ends
Minister commends Police and Anti-Fraud Task Force
 More latest news
 Popular News Items
YES secretariat invites business plan proposals
Africamagic Viewers' Choice Awards Returns For Third Edition Submission Of Entries Open
More Ashanti companies fail to file self-assessment returns
Churches join Rotary Club to improve education
Mobile Number Portability at three years
Airtel to host the 2014 East Africa Com
Immigration Service launches programme against child trafficking
'Ghana needs a Payments Council' - report
World Panel Zambia, Ltd. Celebrates Official Launch of Solar Chargers
Distribution of inputs not fair - Cocoa farmers

Copyright BusinessGhana. All Rights Reserved.

Legal