There are more women in Indian boardrooms now but not enough
The fourth Excellence Enablers’ Survey on Corporate Governance highlights progress in gender diversity on boards, with a 19% increase in women directors over five years and a rise in companies with multiple women independent directors. However, stagnation persists in women chairing companies, emphasizing the need for continued efforts in promoting gender equality.
In its fourth edition, the Excellence Enablers' Survey on Corporate Governance sheds light on the evolving landscape of gender representation within corporate leadership.
While strides have been made, the report underscores persistent challenges and the need for concerted efforts to ensure equitable opportunities for women across all levels of the corporate hierarchy.
The survey notes that while the presence of women independent directors (IDs) on boards has been mandated, a lack of similar provisions for the progression of women executives to board positions. It emphasises the need to identify competent women and provide them with appropriate career advancement opportunities within organisations.
Key findings from the survey include:
First Published: Mar 13, 2024 9:20 AM IST
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