International Hellenic University

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Tuesday, 19 November 2013

The road remains closed...
Research on women's representation on Boards of Directors

IHU Lecturer, Dr Korina Katsaliaki, presented the results of research conducted by postgraduate student Ms Panagiota Gkaletsi for her consulting project, part of the MSc in Management programme.

Women in the 500 largest Greek companies hold only 2.5% of CEO positions and 8.9% of membership on Boards of Directors. Although the overwhelming percentage (87.3%) of executives in Greece believes that women have qualifications equal to their male counterparts and women are willing to take positions of administrative responsibility (94%), the road to the top still remains closed to women!

On the other hand, 70% of executives in Greek businesses are not aware of the European Commission Directive being voted on for all EU members requiring mandatory measures by large, listed companies to increase women’s participation on the BoD to 40% by 2020.

The keynote speaker of the event, MEP Ms Rodi Kratsa, presented the latest developments surrounding the respective European Directive, its rationale and the expected benefits for businesses.

These and many other interesting facts were presented to a packed room at the open forum event organized by the Women Managers and Entrepreneurs Section - Macedonia (TOGME) of the Hellenic Management Association (EEDE). The data on the Greek business community were collated by research carried out for TOGME Macedonia with the collaboration of the International Hellenic University.

Click here for the presentation.

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