Germany's 2015 law set a binding 30% gender quota on the supervisory boards of listed, fully co-determined firms; a decade on, women's board share nearly doubled, though a rigorous study found no matching gain in board-chair positions.
Female supervisory-board share, economy-wide, a decade later
38.6%
Female supervisory-board share at quota-bound firms
30% % of supervisory board seats
Statutory minimum quota
100-108 companies
Listed companies bound by the quota
Details
Maturity
Established
Promoter
German Federal Ministry for Family Affairs, Senior Citizens, Women and Youth (statutory mandate); evaluated by DIW Berlin, monitored by FidAR e.V.
Period
2015–present (FüPoG I 2015; FüPoG II 2021)
Keywords
corporate governance, labour market regulation, gender policy
Context
Germany's Fuhrungspositionen-Gesetz (FuPoG), effective May 2015, imposed a binding 30% minimum gender quota on the supervisory boards of roughly 100-108 listed, fully co-determined companies; a follow-up law, FuPoG II (2021), extended obligations to management boards.
Objectives
The law aims to raise women's representation in senior corporate leadership through a binding statutory quota rather than voluntary corporate pledges.
Activities
Bound firms must fill at least 30% of supervisory-board seats with the underrepresented gender under Section 96(2) of the Stock Corporation Act, while FuPoG II requires larger management boards to include at least one woman.
Results
A quasi-experimental analysis exploiting the staggered rollout found a clear rise in women's supervisory-board share at bound firms, but no measurable effect on who holds the board chair or on board size; a decade on, women's share nearly doubled economy-wide and reached 38.6% at bound firms.
Conclusions
The quota changed board composition without disturbing the top leadership hierarchy, and has become a partial template for the EU's binding Women on Boards Directive.
Implementation
Indicative cost
Low (< €50k)
Time to results
Long (> 3 years)
Staffing & skills
Federal Ministry for Family Affairs, Senior Citizens, Women and Youth (statutory oversight), DIW Berlin (independent evaluation), FidAR e.V. (monitoring association)
Conditions for success
a binding statutory quota embedded in corporate law rather than a voluntary pledge
independent monitoring and tracking by FidAR and DIW Berlin
reinforcing follow-up legislation (FuPoG II) extending scope to management boards
Common failure modes
no measurable effect on board-chair appointments or board size, i.e. the quota changed composition without changing the top leadership hierarchy
Where it fits
Governance type
national statutory regulation
Scale
national (listed, co-determined companies)
Income level
high-income
Commonly funded by
National / regional programmes
Indicative funding routes for practices of this type — always check each programme's current calls and eligibility rules.
Replication kit
Reusable artefacts from this practice — as published by their sources.