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Gender diversity on the board of Indian companies: A policy gap

By: Sinha, S.N., Rajpal, H. and Girisha, G.
Material type: materialTypeLabelBookPublisher: Economic & Political Weekly Description: 59(26-27), Jun 29, Jul 6, 2024: P.57-64. In: Economic & Political WeeklySummary: 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. – Reproduced https://www.epw.in/journal/2024/26-27/special-articles/gender-diversity-board-indian-companies.html
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Articles Articles Indian Institute of Public Administration
59(26-27), Jun 29, Jul 6, 2024: P.57-64 Available AR132893

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. – Reproduced


https://www.epw.in/journal/2024/26-27/special-articles/gender-diversity-board-indian-companies.html

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