Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Xetra  >  MAN    MAN   DE0005937007

MAN (MAN)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

MAN SE : 2011-10-17, Women in executive positions

share with twitter share with LinkedIn share with facebook
share via e-mail
0
10/17/2011 | 01:15pm CEST

The 30 corporations listed on Frankfurt’s blue-chip DAX index intend to considerably increase the share of women in executive positions in the coming years. At a top-level meeting with Kristina Schröder, Germany’s Minister of Family Affairs, Ursula von der Leyen, the country’s Labor Minister, Sabine Leutheusser-Schnarrenberger, Federal Minister of Justice, and Philipp Rösler, Germany’s Minister of Economics and Technology, each of the 30 chief human resources officers submitted an overview of binding targets for their company. Specifically, the companies commit to the following:

  • The 30 DAX companies will work to increase the share of women in executive positions, ensure equal opportunity, and make work-life balance an important ingredient of diversity management.
  • In an initiative unparalleled in Europe, the 30 DAX companies have worked out a voluntary commitment to achieving this goal. They have set realistic, company-specific and measureable targets to increase the share of women in executive positions. A progress report will be made annually.
  • They have pledged to continue the working group that was explicitly set up to address this issue for the next five years and to assure that the goals are achieved by conducting a mutual dialogue about the best solutions.
  • The 30 DAX companies believe that voluntary commitment is sustainable and will help to achieve the goal, making a legal requirement unnecessary.

By defining specific targets, the 30 DAX companies are making good on the promise they made in their joint statement on women in executive positions issued in March of this year. In the statement the companies pledged to reach a sustainable personnel development that guarantees an adequate representation of women in leadership positions, particularly in top-level management. At the same time these corporations will increase transparency in personnel selection and talent management. This will show that the trend in their human resources policy is on the right track in terms of diversity, moving toward a systematic structure that promotes women.
“Companies benefit when more women are in executive positions – we’re quite certain of that. By setting specific targets and continuing the working group made up of experts from all the companies, we are sending a clear signal as DAX companies and creating transparency and commitment. That’s why we’re going to measure ourselves year after year on what we actually achieve, and make those results public,” says BMW personnel chief Harald Krüger. This commitment is also an important social and political signal for greater equal opportunity in the business world. In their joint statement on March 30, the 30 DAX companies called for a shift in attitudes: “Company-specific measures must accompany changes in state policies as well as a cultural shift in our entire society. This will require not only companies to get involved, but also politicians and every individual.”
The companies intend to meet each year over the next five years to present an update of “Women in Executive Positions – Status Quo and Targets of the 30 DAX Companies” to the public. In the future, each company will also report on the current status of the gender quota, the degree to which targets have been achieved, the action that has been taken and that which is planned. This information is to be included in their sustainability or annual reports.
An action catalog was also presented, which lists five fields that the companies are already engaged in and intend to expand. Specifically this catalog involves the following:

  • Work-life balance
  • Transparency and gender-neutral recruiting, selection and placement processes
  • Recruiting activities at schools and colleges aimed at making professions in the fields of mathematics, IT, science and technology more attractive and to recruit graduates from these disciplines
  • Targeted personnel development, for example, through coaching and mentoring programs for men and women
  • Activities to support a corporate culture shift
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on MAN
04/17VOLKSWAGEN : to Open Software Center in Lisbon
DJ
04/16VW's trucks division open to buying majority of Navistar
RE
04/16Volkswagen's trucks division open to buying majority of Navistar
RE
04/13Volkswagen has no plans to cede control of trucks ops - chairman
RE
04/13Volkswagen's new CEO says to consider asset sales
RE
04/12VW names new boss to steer sweeping overhaul
RE
04/12Audi brand to be excluded from VW sportscar brand overhaul - source
RE
04/11Volkswagen to give workers a management seat to try to unlock reforms
RE
04/11Volkswagen to give workers a management seat to try to unlock reforms
RE
03/22MAN : significantly improves operating profit
AQ
More news
News from SeekingAlpha
2017Man SE ADR reports 1H results 
2017Man SE reports 1H results 
2016Wärtsilä Down On Power... For Now 
2015DBGR : Industrial Engine Of The EU 
2015PowerShares Europe Currency Hedged Low Volatility Portfolio ETF (FXEU) Octobe.. 
Financials (€)
Sales 2018 15 055 M
EBIT 2018 726 M
Net income 2018 351 M
Debt 2018 1 645 M
Yield 2018 3,18%
P/E ratio 2018 40,33
P/E ratio 2019 31,30
EV / Sales 2018 1,05x
EV / Sales 2019 0,98x
Capitalization 14 167 M
Chart MAN
Duration : Period :
MAN Technical Analysis Chart | MAN | DE0005937007 | 4-Traders
Technical analysis trends MAN
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 4
Average target price 86,1 €
Spread / Average Target -11%
EPS Revisions
Managers
NameTitle
Joachim Gerhard Drees Chairman-Management Board & CEO
Andreas Hermann Renschler Chairman-Supervisory Board
Jan-Henrik Lafrentz Chief Financial Officer
Erich Schwarz Member-Supervisory Board
Angelika Pohlenz Member-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
MAN1.05%17 407
VOLVO5.44%40 600
XCMG CONSTRUCTION MACHINERY CO LTD--.--%4 409
SINOTRUK (HONG KONG) LIMITED7.73%3 326
JUNGHEINRICH AG-7.18%2 164
SINOTRUK JINAN TRUCK CO LTD--.--%1 406