M12 - Personnel Management; Executives; Executive CompensationReturn

Women workforce potential is not used up to its full potential. Women outnumber men in the tertiary education. However, their presence at top decision making positions of the corporate boards is still very small if ever. Countries take different approaches in terms of institutional support and setting quotas to increase female presence at top decision making bodies of the corporations.
Country differences by their cultural dimensions values are reflected in their national view on gender balanced roles in the society with respect to top positions in the decision making. However, research outcome shows that cultural dimension of Hofstede's masculinity index has no influence on the propensity to adopting legislative measures regarding gender balance on corporate boards across European countries.