Article 1, Volume 8 Issue 1

DAX Companies in 2019, Financial Performance and Their Women Quota on Supervisory and Management Boards

Author

Bettina Binder – (Hochschule Pforzheim)

Received September 27, 2021; accepted November 29, 2021.

Abstract

Before the Covid-19 pandemic in German 30-DAX companies the women quota in supervisory boards and management boards increased compared to previous years. The COVID-19 pandemic led to a decrease in women’s participation on the labour market, the working life of women being particularly affected. As of September 2020, the number of women in executive positions of the 30-DAX companies decreased, six women leaving the executive board in just one year (AllBright, 2020: 8). The present article investigates the situation of DAX companies with regard to their financial performance in 2019, their sectors of activity and women quota on their supervisory and management boards. It proposes the introduction of new key performance indicators (KPIs), such as the women process performance development (WPPD) index and it shows how such KPIs can be integrated in a company process in order to force a structural and systemic change.

Citation

Binder, B. (2021). DAX Companies in 2019, Financial Performance and Their Women Quota on Supervisory and Management Boards. European Accounting and Management Review, 8(1), 1-21.

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