Abstract

http://ssrn.com/abstract=2083640
 


 



Myth or Reality? Boardroom Diversity in German Blue Chip Companies


Enrico Prinz


EM Strasbourg Business School

February 13, 2012

29th International Conference of the French Finance Association (AFFI) 2012

Abstract:     
As the question of boardroom diversity gains increasing attention both in the media and the academic world, this paper offers a comprehensive analysis of the evolution of boardroom composition of German Dax 30 corporations over a period of 10 years (2001-2010). In contrast to public opinion, results show that supervisory boards of German blue chip companies are light-years away from being considered as diversified. Both the proportions of female and foreign board members remain on a very low level. Furthermore, some national particularities such as widespread multiple board appointments, supervisory boards which are chaired by erstwhile firm managers or similar socio-educational backgrounds of current chairmen seem to be rather the rule than the exception. Whereas an increasing activity of board subcommittees can be observed, supervisory boards themselves hardly change their activity over time with respect to team size or meeting frequencies.

Number of Pages in PDF File: 20

Keywords: Board diversity, supervisory board composition, corporate governance

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Date posted: October 9, 2012  

Suggested Citation

Prinz, Enrico, Myth or Reality? Boardroom Diversity in German Blue Chip Companies (February 13, 2012). 29th International Conference of the French Finance Association (AFFI) 2012. Available at SSRN: http://ssrn.com/abstract=2083640 or http://dx.doi.org/10.2139/ssrn.2083640

Contact Information

Enrico Prinz (Contact Author)
EM Strasbourg Business School ( email )
PEGE
61, avenue de la Forêt-Noire
Strasbourg, 67000
France
0033.3.68.85.89.18 (Phone)
0033.3.68.85.85.93 (Fax)
HOME PAGE: http://www.em-strasbourg.eu
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