Profile Photo

Rationale for having a Woman Director on a Company’s Board

Rationale for having a Woman Director on a Company's Board

Rationale for having a Woman Director on a Company’s Board

Online CS Professional Classes : Although the Constitution of India has granted men and women equal rights, we still find that employment of women is not preferred. Thus, opportunities for women are limited eg. Women are not preferred in Army / Air Force in certain areas like combat field, in flying zones. But today the scenario has changed. You find women employed as pilots flying aircrafts, occupying top posts in many posts in many companies be it a manufacturing sector or banking / financial sector. Women have also entered the Boardrooms of many companies of course in a limited way.

Our laws also have conferred many privileges or protection or relaxed provisions considering the fact that women are disadvantaged in some ways. In this scenario, Companies Act 2013 has made a provision for employing women directors on the Boards of a certain class of companies and this is a welcome move. Thus, the article focuses on the issue of representation of women directors on the board and its effect.

For more Ethics, Governance, and Sustainability notes click online classes CS Professional.

It is quite interesting to note certain facts about women directors from the statistics. According to ‘Catalyst’, a nonprofit research organization in America, many of the fortune 500 companies which have the highest representation of women directors on board have achieved better financial performance than those have less representation of women directors on board. Yes, 45 directors held about 17% of the board seats of fortune 500 companies in the year 2012. In the UK, it is 19%. In Norway, it is surprisingly 41%. In India, it is roughly 7% of the directors of listed companies in which is a very dismal percentage. Thrust given by the New ad – 2013 is certainly going to help in improving the representation of women directors on the Board.

For a free download of CS Professional video lectures, CS question papers, CS Foundation and Executive online classes, please log in www.takshilalearning.com  and enlighten your future by getting associated with us.

We are Takshila Learning, your online education partner. We offer CS classes through online/offline mode. CS online coaching classes are categorized into CS Foundation, CS Executive, and CS Professional. Our motive is to assists student in their journey of CS Preparation.

For a Free Demo call @ +91-88009-99280 or fill the
form for any other details:

No comments, be the first one to comment !

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    © 2015-17 Takshila Learning. All Rights Reserved.
    Request Callback
    close slider
    For course & fee related queries, Leave your details and our counsellor will get back to you or Call us at 8800-999-280
    • This field is for validation purposes and should be left unchanged.

    Login