Representation of Women in Governing Bodies: An Analisis of Financial Institutions Supervised by the CNMV

Miguel Palomero Aguilar María Jose Gómez Yubero

CNMV Working Papers from CNMV- Spanish Securities Markets Commission - Research and Statistics Department

Abstract: Diversity within corporate governance bodies, particularly in the financial sector, is vital for both economic and social stability. However, despite various efforts, women´s representation in leadership roles remains low, highlighting persistent structural and cultural barriers. This paper examines the current state and challenges of achieving balanced representation in financial institutions supervised by the CNMV, with a special focus on unlisted companies. The findings reveal that women´s presence on Boards of Directors is significantly below the levels efforts for effective inclusion. The paper discuses the reasons behind this disparity and offers recommendations to encourage meaningful changes in female representantion within the sector.

Keywords: Representation of Women; Financial Institutions (search for similar items in EconPapers)
JEL-codes: G34 J71 (search for similar items in EconPapers)
Date: 2025
New Economics Papers: this item is included in nep-mac
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