Just 6% thought the representation of women had increased significantly in the past five years, according to the survey
Women leaders, succession planners and lawyers say doors in family businesses are opening but a stronger push is needed
Sub Lieutenant Kumudini Tyagi and Sub Lieutenant Riti Singh have graduated as Observers (airborne tacticians) in the helicopter stream and would be deployed on warships
Currently, about 43 companies in the top 500 are yet to appoint women independent directors
The debate on diversity is expanding to include ethnicity, disability and sexual orientation, not only on board but also in senior management
Gender diversity at the board level has improved steadily over the years across the world but it is still a long way for equalisation in terms of female representation at the top level, says a report. According to a Bank of America Merrill Lynch (BofAML)report, a gender diverse board better represents the company and identifies with its customers, brings a diverse range of opinions and helps the company adapt to changes. "The diversity of S&P 500 boards has been steadily improving over the last decade, as the average board currently has 22 per cent women, up from 14 per cent in 2008," BofAML strategist Savita Subramanian said in a research note. Though diversity at the board level has increased, it still has a long way to go. "While having quadrupled since 2008, just 11 per cent of companies have at least one-third of their board seats held by women and just 1 per cent (five companies) have half or more of their board seats held by women," the report said, adding that one per cent
The data shows that gender equality policies are abundant and widespread
Giving a break-up, 61% males and 47% females held this view, globally, figure stood at 70%
Gender diversity in Asian boardrooms is among the lowest in the world
Several companies have undertaken special drives to increase women's participation
This is an achievable goal. Now, corporate India should build on the progress that has been made