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Protecting Fundamental Freedoms and Promoting Gender Equality: The Case for Binding Quotas on Macedonian Corporate Boards

Year: 2025

Type: article

Abstract: This paper analyzes gender balance on the boards of companies listed on the Macedonian Stock Exchange (MSE). Despite formal equality, statistics reveal persistent vertical segregation in top management. A comparative assessment places North Macedonia favorably within the Western Balkans and the European Union; however, further progress is still needed. Adopting a legal gender quota, as outlined in Directive (EU) 2022/238, would help close the gap, fulfill obligations under CEDAW, and reinforce the country’s commitment to the United Nations’ fifth Sustainable Development Goal on gender equality, ensuring that fundamental freedoms, gender balance, and equal remuneration are upheld in practice rather than merely acknowledged.

Source: Journal of Liberty and International Affairs Institute for Research and European Studies - Bitola

DOI: 10.47305/jlia.2025.1864

Authors: Emilija Gjorgjioska, Margarita Janeska, Tatjana Spaseska, Aneta Risteska Jankuloska

Institution: University "St. Kliment Ohridski" - Bitola

Language: English

Topic: Gender Diversity and Inequality

Subfield: Gender Studies

Field: Social Sciences

Domain: Social Sciences

SDGs: Reduced inequalities, Gender equality, Peace, justice, and strong institutions, Decent work and economic growth

Open Access status: gold

Estimated APC paid: $105