The Empress' New Clothes - The importance of visibility for women in the financial C-suite

Abstract: This thesis study the underlying reasons behind the lack of women at top hierarchical positions within the accounting field. Investigating how management control systems (MCS) affect the attainment of the individual's capabilities, the career development towards becoming a Chief Financial Officer is clarified. A sample of men and women was interviewed to gain insights in their experiences of MCS. Comparing the findings of the two groups, reveal gender differences in how organizational control systems have affected their careers. In line with previous research, women face more difficulties in acquiring capabilities compared to men. The study explains these unequal conditions with difference in access to visibility between the genders.