Balance between women and men in the governing bodies of the listed companies: The influence of the strategic business commitment

Abstract

This article presents the results of a study motivated by the new regulatory framework in force in the country since January 2018, which determines the obligation of a minimum representation of people of the underrepresented sex in the management and supervisory positions of the public sector entities and of listed companies. The analysis is limited to the latter business segment. It is concluded that, despite the possible coexistence of other facilitating factors, there is a positive correlation between a greater degree of strategic business commitment at the formal level and a more balanced representation of women and men in the governing bodies of listed companies.