Gender Diversity on the Board of Indian Companies: A Policy Gap
Material type:
TextPublication details: Economic and Political Weekly; 2024Description: 57-64Subject(s): Online resources: Summary: European and Indian legislations on the gender diversity of corporate boards are examined to show that using three instruments-mandatory rules, recommendatory provisions, and self-disclosure of gender diversity policy and performance-many European countries forced companies to appoint a minimum of 25% women directors. In India, an entirely different approach was adopted where instead of fixing a minimum percentage of women directors, it required the appointment of only one women director on corporate boards. Though most Indian companies complied, the law failed to increase gender diversity in Indian corporate boards. A close look at the European approach is recommended to legislate the appointment of a higher percentage of women directors.
| Item type | Current library | Vol info | Status | Barcode | |
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Article Index
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Dr VKRV Rao Library | Vol. 59, No. 26-27 | Not for loan | AI348 |
European and Indian legislations on the gender diversity of corporate boards are examined to show that using three instruments-mandatory rules, recommendatory provisions, and self-disclosure of gender diversity policy and performance-many European countries forced companies to appoint a minimum of 25% women directors. In India, an entirely different approach was adopted where instead of fixing a minimum percentage of women directors, it required the appointment of only one women director on corporate boards. Though most Indian companies complied, the law failed to increase gender diversity in Indian corporate boards. A close look at the European approach is recommended to legislate the appointment of a higher percentage of women directors.
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