Spain on the Norwegian Pathway: Towards a Gender-Balanced Presence of Women on Corporate Boards

Abstract

The gender-based positive action introduced by the regulation off corporate board governance in recent years makes Spain a particularly interesting test case for studying the interactions between ‘market’ and ‘institutional’ forces; there are no clear penalties for non-compliance beyond a threat that the firms’ equality records will be taken into account when applications for public funds or contracts are evaluated. It may also be an instructive case when considering regulatory reform in other highly gender-segmented managerial labour markets.