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Past Issue • Jan-Mar 2014

Women on Corporate Boards in India

With the new Companies Act 2013 requiring more women on boards of directors, Professors Jayati Sarkar and Ekta Selarka examine a sample of companies to gauge the extent of female representation on their boards. Compliance with the law is not a straightforward matter, they argue, given high female attrition at the top rungs of the corporate ladder and the dangers of tokenism. Moreover, the looming question of the relationship between board gender diversity and corporate governance and performance bears closer examination.

The increased focus on greater board diversity by policy makers, company managements, company shareholders and other stakeholders has been driven by the growing realisation that director demographics such as educational background, industry experience, social connectedness, gender and race that go beyond director independence could have an impact on corporate governance and company value. The most important of these demographics is gender.

ABOUT THE AUTHORS

  • Jayati-Sarkar

    Jayati Sarkar

    Professor in Economics at Indira Gandhi Institute of Development Research, Mumbai.
  • IMG_2115

    Ekta Selarka

    Assistant Professor at Madras School of Economics, Chennai.
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