Board Diversity on Environmental, Social and Governance (ESG)
Business Perspective
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Securities and Exchange Board of India has also instructed that all listed companies must have at least one woman director on their board, according to new corporate governance norms finalized by the capital market regulator. In this matter, India has joined hands with France, Italy, Norway, Spain, and Belgium. This giant step by the Indian constitution has facilitated many women featured on the board of directors of both public sector companies and public limited companies. This law must be made stringent and measures to check the implementation must be kept transparent. The significance and ...
Securities and Exchange Board of India has also instructed that all listed companies must have at least one woman director on their board, according to new corporate governance norms finalized by the capital market regulator. In this matter, India has joined hands with France, Italy, Norway, Spain, and Belgium. This giant step by the Indian constitution has facilitated many women featured on the board of directors of both public sector companies and public limited companies. This law must be made stringent and measures to check the implementation must be kept transparent. The significance and relevance of the research lies in the fact that there is a high degree of correlation between gender diversity, social responsibility and environment. The study also reveals some interesting factors related to critical functions in an organization which are goal setting, leadership style, risk management and conflict management. The study throws light on the constraints affecting the improvement of gender diversity in the board of companies, which includes the absence of policies in companies to promote gender diversity in management, the absence of regulatory/statutory provisions for foster.
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