Role of Women Directors: The Reality of Diversity in Corporate Boards - An Indian Perspective

Abstract

Diversity in the Board is an important topic of debate among Policy makers, Regulators, Corporations and Investing community. It has been recognized across the world that the role of women director in a company is quite an important requirement for good governance. Women are known to bring an important perspective of all round welfare in their decision making. In this article we have tried to trace the development on the issue of women’s representation on the Boards both in India and across the globe. The direction and imperatives mandated by the policy makers is playing an important role in increasing the women represantative to the Boards. However more needs to be done. The imperatives, challenges and possible solutions for this important challenge of Corporate Governance are also highlighted in this work.