Management Idea | Woman directors on company boards1 min read 25 Mar 2014, 05:48 PM IST
Even though firms might face some difficulty in finding women directors as there are relatively few women in senior management roles, shareholders are likely to benefit
Companies that are listed on stock exchanges in India will soon start looking for women directors for their boards. India’s capital market regulator, Securities and Exchange Board of India (Sebi), recently approved a proposal to make it mandatory for listed companies to have at least one woman director on their boards. Companies have till 1 October to do so. According to a study by Prime Database, two-thirds of the companies listed on National Stock Exchange of India Ltd do not have even one woman director on their boards.
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