The One Woman Director Mandate: History and Trajectory
Corporate Governance in India: Change and Continuity (ed. Indian Institute of Corporate Affairs) (Oxford University Press, Forthcoming)
27 Pages Posted: 9 Nov 2015 Last revised: 20 May 2016
Date Written: September 1, 2015
In 2013, India passed historic legislation mandating that boards of publicly listed and certain other large companies must include one woman director. The mandate, which came into effect on April 1, 2015, has the potential to vastly change the profile of Indian boards and board members. This chapter examines the history and trajectory of India’s board diversity requirement. It seeks to understand the genesis and goals of this requirement, and explores some of the challenges that India has already faced and may continue to face with respect to the possible effectiveness of this requirement. The chapter then considers for the Indian context the implications of business and social science literature on gender diversity on corporate boards.
Keywords: India, Women, Board of Directors, Quota, Board Diversity,
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