About

Women on the Stock Exchange (Mujeres en la Bolsa de Valores) is a PODER initiative, with a gender perspective, in an alliance with Datasketch, Cuestión Pública, La Nación, Plaza Pública, Ojo Público, Semanario Universidad, Managua Furiosa, Los Tiempos, Metro Libre, La Diaria, El Surtidor, El Desconcierto and El País, whose purpose is to reveal the presence of women in decision-making spaces of private enterprise.

The consortium analyzed the proportion of men and women members on the boards of directors of publicly-traded companies on 15 stock exchanges of Latin America and Spain.

One of the main findings for 2020 is that, for every woman, there were 7 men. Mexico is the worst country for gender equity in this regard. Costa Rica lead the ranking with 22.43% of board seats occupied by women.

Visit Mujeres en la Bolsa (ESP)

Methodology

During December 2019 and February 2020, PODER and partners updated the data obtained with the methodology used for the first edition of Women on the Stock Exchange (2019), added new data from the Guayaquil Stock Exchange (BVG), Ecuador and the Institutional Stock Exchange (BIVA) of Mexico, and modified the methodology to obtain data from Brazil.

Each country is governed by different corporate governance and transparency regulations and consequently, the characteristics of the data sources vary considerably.

In addition, more than one country has several stock exchanges with information that is not accessible, so it was decided not to include them.

Each country had a different process that is detailed in the 2019 methodology and the methodology for the new data is explained here (Spanish).

For the second year of the project (2020), the data used was published by companies listed on Latin American and Spanish stock exchanges on their boards of directors.

In addition, for Argentina, Bolivia, Chile, Colombia, Costa Rica, El Salvador, Mexico, Panama, Paraguay, Peru and Uruguay, automated scrapers were developed that took the information from the different sources in each country, so the data is more comprehensive.

If you want to understand more about the data, have comments or interest in replicating the project, write to contacte@mujeresenlabolsa.org.

Source: Mujeres en la Bolsa (Spanish)

License: Attribution-Share Alike 4.0 International (CC BY-SA 4.0)