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Diversity of Corporate Officers and its Regional Disparities in Germany

Ichiro Iwasaki and Mihoko Satogami

No 2024-03, CEI Working Paper Series from Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University

Abstract: This paper explores the regional disparities in the diversity of corporate officers in Germany. Our empirical analysis, encompassing 65,745 German businesses, reveals a pronounced inclination among Berlin and former East German firms to appoint female officers, in contrast to their former West German counterparts. Furthermore, we found that companies in Berlin exhibit greater diversity in the national backgrounds of their officers as compared to those in the former West Germany, while firms in the former East German regions lag behind in this aspect. Moreover, our empirical results indicate a greater willingness among Berlin and East German firms to hire younger corporate officers as compared to firms in the former West Germany. These findings demonstrate statistical robustness against heterogeneity in industrial sectors and firm sizes and are particularly evident in companies established after the 1990 reunification.

Keywords: human resource diversity; corporate officers; regional disparities; East–West Reunification; Germany (search for similar items in EconPapers)
JEL-codes: D22 G34 J44 L22 P34 (search for similar items in EconPapers)
Pages: 36 pages
Date: 2024-11
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