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Germany to introduce legal quotas for women on company boards
Posted on 11/25/14 at 10:31 pm
Posted on 11/25/14 at 10:31 pm
quote:
Chancellor Angela Merkel's coalition parties agreed on Tuesday to a draft law that would force Germany's leading listed companies to allocate 30 percent of the seats on non-executive boards to women from 2016 onward.
LINK
Good grief, Deutschland.
12
Posted on 11/25/14 at 10:33 pm to HailHailtoMichigan!
quote:And the nations that will end up out competing them over time are laughing their asses off.
Chancellor Angela Merkel's coalition parties agreed on Tuesday to a draft law that would force Germany's leading listed companies to allocate 30 percent of the seats on non-executive boards to women from 2016 onward.
Posted on 11/25/14 at 10:35 pm to HailHailtoMichigan!
Same question I have already asked many regarding diversity. Using this example, what if there are 10 board seats and the best most qualified candidates are 10 men, how will it help the business by placing sub par individuals to strictly meet a quota. And how to groups who support minority rights feel about only getting jobs because of quotas?
Posted on 11/25/14 at 10:36 pm to WalkingTurtles
some bullshite about diversity for the sake of diversity, broader viewpoints, blah blah blah
Posted on 11/25/14 at 10:36 pm to HailHailtoMichigan!
quote:Not sure how they can address the volatility of the stock market with this law. I am also not entirely sure what a "non-executive" board is.
that would force Germany's leading listed companies
Posted on 11/25/14 at 10:40 pm to mmcgrath
Do we get another Executive order, here? 
Posted on 11/25/14 at 10:42 pm to CamdenTiger
quote:Only if it applies to Toddys and illegals as well.
Do we get another Executive order, here?
Posted on 11/25/14 at 10:43 pm to HailHailtoMichigan!
Auf du meh!
Posted on 11/25/14 at 10:46 pm to CamdenTiger
quote:It would be a new law requiring new enforcement, so no. But if it was an existing law then it could be struck down with an executive order as per Mitt Romney.
Do we get another Executive order, here?
I know, I know... 
(your response, no? ) Posted on 11/25/14 at 10:51 pm to HailHailtoMichigan!
Strict quotas are not the way to go.
Posted on 11/25/14 at 10:58 pm to mmcgrath
quote:You are talking about this a-hole correct?
It would be a new law requiring new enforcement, so no. But if it was an existing law then it could be struck down with an executive order as per Mitt Romney. I know, I know... (your response, no? )
quote:
“What you’re not paying attention to is the fact that I just took an action to change the law,” Obama said.
LINK
Posted on 11/25/14 at 11:01 pm to HailHailtoMichigan!
There is at least some evidence that similar gender quotas have raised the competence of male politicians in swedish elections.
Obviously not the same thing; but at the least, let us not immediately dismiss the idea that this could actually be of some value to society.
Crisis of the mediocre man
Obviously not the same thing; but at the least, let us not immediately dismiss the idea that this could actually be of some value to society.
Crisis of the mediocre man
Posted on 11/25/14 at 11:04 pm to HailHailtoMichigan!
:InB4JokesAboutEastGermanWomen:
Posted on 11/26/14 at 6:12 am to HailHailtoMichigan!
Pity jobs..
I would hate working for a company that hired me because they had to, not because they wanted me. It will end up hurting women more IMO. Do you think the people on the board that know these people were hired to meet quotas are going to respect them? Nope.
I would hate working for a company that hired me because they had to, not because they wanted me. It will end up hurting women more IMO. Do you think the people on the board that know these people were hired to meet quotas are going to respect them? Nope.
Posted on 11/26/14 at 6:16 am to HailHailtoMichigan!
Perfect chance for influential men to get their wives on boards of their peer companies, and collect more cash.
Much like here when guys set their wives up as majority owner to get WIMBY status.
Much like here when guys set their wives up as majority owner to get WIMBY status.
This post was edited on 11/26/14 at 6:18 am
Posted on 11/26/14 at 6:16 am to HailHailtoMichigan!
Because that's how you want decisions to go - not, "Who is going to help our company get better?", "Who has the best experience and vision of the available candidates?" - or, even in a crisis situation, for example, "Who is going to restore confidence in the shareholders?"
Nope:
"Does she have the correct genitalia?"
Nope:
"Does she have the correct genitalia?"
Posted on 11/26/14 at 6:36 am to Ace Midnight
quote:
"Does she have the correct genitalia?"
Do you have to have female genitalia or can you just feel like being female when the audit takes place?
Posted on 11/26/14 at 6:42 am to C
quote:
can you just feel like being female
good point
What if you simply 'identify' as a female?
Posted on 11/26/14 at 6:55 am to C
quote:
Do you have to have female genitalia or can you just feel like being female when the audit takes place?
Good point. If this were the U.S., you'd probably have lots of options. I suspect Germany is going to require the genitalia, though. They're pretty rational, even when they're crazy.
Posted on 11/26/14 at 7:12 am to HailHailtoMichigan!
anybody else notice as women get more power here the US gets less competitive globally?
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