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Do the Profitability, the Volume of Assets, and Equity of Public Enterprises Have Any Role in Local Authorities' Gender and Age Policy? – A Case Study of Belgrade

Author

Listed:
  • Vladan Pavlovic
  • Goranka Knezevic
  • Radica Bojicic

Abstract

The clearest picture of an actual gender policy in a country could be given by investigating the local authorities’ appointment of the directors and supervisory board members of public enterprises since no mandatory quotas have been imposed on membership on those boards. On the other hand, the election of the supervisory board member of those enterprises by the employee could show if gender inequality is present in the population. The paper’s second goal is to detect any patterns in the appointment of the directors, supervisory board chairmen, and supervisory board members regarding their age and gender and the firm’s characteristics. In a sample of all of Belgrade’s public enterprises, we found that gender inequality is widely present in the world of politics. At the same time, it does not appear to be present in the population. Regarding age policy, older people are more likely to be appointed by the local authority in financially more powerful enterprises.

Suggested Citation

  • Vladan Pavlovic & Goranka Knezevic & Radica Bojicic, 2023. "Do the Profitability, the Volume of Assets, and Equity of Public Enterprises Have Any Role in Local Authorities' Gender and Age Policy? – A Case Study of Belgrade," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 172-191.
    • Handle: RePEc:bas:econst:y:2023:i:2:p:172-191
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    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting
    • M48 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Government Policy and Regulation
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • G30 - Financial Economics - - Corporate Finance and Governance - - - General

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