Gender Diversity - Role Of Women In Corporate Governance: An Analytical Study Of Global And Indian Perspectives
- IJLLR Journal
- Jan 15
- 2 min read
G. Sri Ramya, Christ (Deemed to be University), Bangalore.
ABSTRACT
Gender diversity in the corporate sector is important for productive, ethical, and sustainable business leadership. Legal frameworks like the Companies Act, 2013, and SEBI rules have notably increased women's presence on corporate boards in India. Women now hold about 18 to 19% of directorships among listed companies. Internationally, developed economies achieve better gender balance, with women occupying around 30% of board seats in Norway and Spain. This research aims to examine the women's roles in corporate governance in India and compare these findings with those of countries like Norway, Spain, and France. Despite there are legal frameworks like the Companies Act, 2013, and SEBI regulations in India, the requirement of at least one-woman director to be required, for raising questions about the real effects of these policies. The international frameworks like CEDAW and national quota laws, such as Norway's Company Act, have been more forceful, requiring 40% female representation. The research findings are that the female directors can improve corporate social responsibility, ethical oversight, and governance quality. Still, there are gaps in measuring the long-term effects of gender quotas, legal interpretations, and the real influence of women directors on decision-making and strategic outcomes. This research uses a doctrinal and comparative approach, relying on legal provisions and judicial decisions. It assesses how legal frameworks and judicial actions in India and other countries have influenced gender diversity in boardrooms, and whether the presence of women has changed governance outcomes. The research findings are that while there are legal quotas and improved numerical representation exists, cultural barriers and weak enforcement prevent genuine inclusion. The inclusion of women has a positive impact on corporate ethics, reduces misconduct, and enhances trust. The societal impact of this research supports arguments for stronger regulatory enforcement and cultural changes toward inclusivity in corporate governance. By analyzing the experiences in India and internationally, the study concludes that despite the progress made, much more work is needed to ensure that women directors have an influence in boardrooms, promoting gender justice and sustainable corporate growth.
Keywords: Gender Diversity, Corporate Governance, Women Directors, India, and Global Perspectives and Quota Laws.
