Abstract
In this chapter, we highlight the underrepresentation of women in managerial positions using the example of Bosnia and Herzegovina as a transition economy in south-eastern Europe. By outlining the political and legal context of Bosnia and Herzegovina, we show its impact on women's underrepresentation in the labour market in general, and in managerial positions in particular. Empirically, we look at women in managerial positions in small and medium enterprises and show generational differences between women with regard to their ambitions to take on managerial roles. Overall, we show that the underrepresentation is affected by ingrained mechanisms, including various forms of discrimination due to traditional, social, cultural and psychological mechanisms fostering a continuous gender pay gap and a glass ceiling for women.
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