Due to the under-representation of female directors within the top management and boards of organizations, many countries have introduced laws to challenge this development and encourage female representation in the highest echelons, for instance through the introduction of a female quota. While Norway (2003) and Spain (2007) have been the first countries that introduced such a quota, many other nations have followed. This development leads to the question whether female representation on boards and in the top management has an impact on company performance.
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Upload your own papers! Earn money and win an iPhone X.