IMPACT OF GENDER REPRESENTATION IN MANAGEMENT POSITIONS ON THE PROFITABILITY OF LARGE ENTERPRISES IN THE REPUBLIC OF CROATIA

Each company endeavors to organize its operations with an appropriate management model implemented through governing bodies in relation to the current business environment. The basic governing bodies of many companies are the General Board, the Board of Directors and the Supervisory Board. The emphasis in this paper was on the analysis of gender representation in managerial positions, that is, whether there is a difference in the profitability of large enterprises in the Republic of Croatia compared to the representation of women and men in managerial positions. The subject of this paper is to recognize the importance of gender representation in management positions in large enterprises in the Republic of Croatia. The problem of this paper is determine how gender representation in management positions contributes to greater profitability in large enterprises in the Republic of Croatia. The basic hypothesis of the paper is that there is a statistically significant difference between gender representation in management positions and the profitability of large enterprises in the Republic of Croatia. The survey is conducted on 148 large companies with over 600 employees in the Republic of Croatia. The results of the research showed that there is no statistically significant difference between profitability and gender representation in management positions in large enterprises with more than 600 employees in the Republic of Croatia. This research is the basis for further research on this topic in the Republic of Croatia.