Representatividade feminina nos Conselhos de Administração das empresas estatais de Minas Gerais e federais: análise comparativa e impactos na governança corporativa

Abstract

This study investigates female participation in the Boards of Directors of stateowned companies in Minas Gerais and federal state-owned companies, analyzing their representation and impacts on corporate governance. The research adopts a mixed-method approach, combining documentary and bibliographic analysis with qualitative and quantitative methods to examine data on board composition. The main objective is to assess the level of inclusion of women in these strategic decision-making spaces and identify structural barriers that limit their presence. The results indicate that female participation on boards is limited at both the state and federal levels. In Minas Gerais, only 16.5% of the seats are occupied by women, while in federal state-owned companies, this percentage reaches 24.6%. Several companies have no female board members, revealing the persistence of exclusion mechanisms such as the glass ceiling and horizontal segregation. The qualitative analysis identified the absence of structured gender diversity policies in most of the studied companies, reinforcing the need for proactive measures to promote equity. The research concludes that affirmative policies, such as adopting gender quotas, can be an effective strategy to accelerate the inclusion of women in these roles. As a contribution, the study emphasizes the need for strategies that promote plural and diverse governance, capable of improving decision-making quality and strengthening governance in Brazilian state-owned companies.