Posts Tagged "india"

India: Challenges that Women Directors on Company Boards Face

July 2016. The Indian law that made it mandatory for companies to appoint at least one woman director to their boards has proven to be fairly effective. According to Prime Database, 76 percent of the NSE 500 companies now have a woman director on their boards. The bad news is that many of these women are ...

. Read More →

India: Women Still a Small Part of Corporate Boards

January 2016. India's historic gender diversity law did get women onto the boards of nearly 90% of Indian companies listed on the National Stock Exchange (NSE), but experts say the spirit of the reform is yet to see the light of day. Only 147 out of the 1,451 NSE-listed companies did ...

. Read More →

Does Boardroom Diversity Increase Profits?

November 2015. There are more than 600 billion reasons for increasing the number of women on corporate boards. That figure, actually $US655 billion of investment returns, is what professional services firm Grant Thornton believes businesses with an all-male boardroom missed out on last year. The firm’s research covered listed companies ...

. Read More →

India: Companies Not Fulfilling Quota Requirements

March 2015. According to an article by the India Times, one third of publicly listed Indian companies did not have a female board member, despite a quota implemented by the Securities and Exchange Board of India (SEBI) requiring at least one. At the time of writing, seven days before the ...

. Read More →

India: Assessing the Effectiveness of the Companies Act

India issued new requirements last year that required all listed companies and public companies with a minimum paid-up share capital of Rs 100 crore or annual turnover of at least Rs 300s crore to appoint a woman director.  The India Times takes a look at how companies are meeting this requirement ...

. Read More →

Women in the boardroom

New York, 6 March 2013 — Organizations would benefit from increased participation from shareholders on gender diversity discussions in the boardroom. This is according to the Deloitte Touche Tohmatsu Limited’s (DTTL)  third edition of a report from the Deloitte Global Center for Corporate Governance, "Women in the Boardroom: A Global Perspective." ...

. Read More →

Deloitte report: “Women in the Boardroom: A Global Perspective”

Deloitte issues 2013 report, listing the status of efforts by country to increase gender diversity on corporate boards. Excellent report details countries that have imposed quotas or other requirements in 25 countries in Asia-Pacific, the Americas, Europe, Middle East and in Africa. See report here:  Women in the boardroom March 2013

. Read More →

Indian Corporate boardrooms: Changing trends in CEO’s role and recruitment of directors

Indian boards, a study of BSE-100 companies reveals, are becoming more diverse by gender, nationality and expertise. The Spencer Stuart 2011 India Board Index, done annually, provides an overview of governance practices in India's largest listed companies. The study shows that four broad areas of change are emerging. One, companies are ...

. Read More →

India: Not difficult to find enough women directors

A bill has been introduced in the Indian Parliament to mandate at least one woman on every corporate board.  Presently, there are only 59 women out of 1,112 board members (5.3%) on 100 companies listed on the Bombay Stock Exchange.  If enacted, the bill would take effect in two years.  ...

. Read More →

India: ‘Double Burden’ Obstacle to Women in Corporate Sector

The "double burden" of holding a job and looking after the family is the greatest obstacle preventing women in India from moving up the corporate ladder, a report by management consultancy McKinsey & Company said. In India, Korea and Japan, almost fifty percent of those surveyed believed that family commitments ...

. Read More →