A report by Institutional Investor Advisory Services (IiAS) earlier this week brought in some good news on diversity in Indian boardrooms. For example, the overall representation of women in company boards has increased to 17 per cent year-on-year, from just 6 per cent in March 2014. The report also demolished the conventional notion that women directors from the family are a popular choice for promoter businesses, and that while this is a good outcome for mothers, wives or daughters, it doesn’t improve board governance.
Data provided by the proxy advisory firm show there are only 98 promoter women directors (16 per
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper
