Corporates Talk Up Diversity, But Boards Stay Stubbornly Male: How Biz Can Bring In More Women
4 months, 3 weeks ago

Corporates Talk Up Diversity, But Boards Stay Stubbornly Male: How Biz Can Bring In More Women

ABP News  

By Manjari Das The underrepresentation of women on corporate boards remains a persistent issue, with progress proving as difficult as moving the needle on a stubborn gauge. Despite increased awareness and initiatives promoting diversity, women don’t wield substantial influence in decision-making processes. Businesses must establish effective mentorship and sponsorship programmes to help women advance to senior leadership positions, increasing the pool of potential board candidates. Regular public disclosure of gender diversity statistics on boards and in senior leadership can pressure companies to improve. Diversity doesn’t just foster fairness and equality; it also enriches decision-making processes and positively impacts overall company performance.

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History of this topic

How the rising presence of women in boardrooms is transforming the workforce
1 week, 2 days ago

How the rising presence of women in boardrooms is transforming the workforce

India Today  

The technology sector has long been perceived as a male-dominated field, but a quiet revolution is underway. When companies actively embed DE&I into their core policies and create leadership pathways for women, the result is a more engaged workforce and better business outcomes as they foster inclusivity. UPSKILLING Separate programs may inadvertently suggest that women need special assistance to succeed, …

Why women are in Britain’s boardrooms – but not in the top jobs
1 week, 2 days ago

Why women are in Britain’s boardrooms – but not in the top jobs

The Independent  

There is no doubt that the cause of women at the top of British business has advanced considerably in recent years. In its 2024 UK Board Index, headhunter Spencer Stuart reports: “There has been significant progress in female representation in senior board roles.” With just a year left until the deadline to meet the FTSE Women Leaders Review target for …

Women on corporate boards: A way forward
3 months, 1 week ago

Women on corporate boards: A way forward

Hindustan Times  

The provision of having one woman independent director on a corporate board has worked well over the last ten years. Most of the men directors had served on boards without any women directors before 2014 and observed the impact of having WIDs. Most women board members, we interviewed, felt that journey of WIDs on boards has had its challenges. Accepting …

Rescripting boardrooms: Women in corporate governance
3 months, 1 week ago

Rescripting boardrooms: Women in corporate governance

Hindustan Times  

In the last decade, how best women can be engaged in governance has become the most debated issue. Hence a step in the right direction toward egalitarianism within the corporate world, simply for the fact that it ensured women's views and talents were not wasted. Corporate women Research has shown that participation of women in governance deliberations results in real …

Fewer women in corporate leadership roles, judiciary, says report
4 months, 1 week ago

Fewer women in corporate leadership roles, judiciary, says report

The Hindu  

The representation of women in corporate decision-making roles remains inadequate with only 34,879 women holding senior management positions in 2023 as compared to 1,86,946 men. In other managerial positions in corporate firms, there were 7,38,949 women as compared to 18,60,348 men, the data sourced from the Ministry of Corporate Affairs for the report shows. Though the number of women in …

Women’s leadership in corporate India
4 months, 2 weeks ago

Women’s leadership in corporate India

Hindustan Times  

A decade ago, the Companies Act of 2013 and the Securities and Exchange Board of India 's 2014 rules sparked hope for significant shifts in corporate leadership demographics. In India, the landscape is varied: Financial services and technology sectors see around 19% female representation in senior roles, whereas education and government administration boast higher figures at 30% and 28.7% respectively. …

Inclusivity in corporate board rooms: comparing Europe and India
5 months ago

Inclusivity in corporate board rooms: comparing Europe and India

The Hindu  

Sinha, S.N., Rajpal, H. and Girisha, G., ‘Gender Diversity on the Board of Indian Companies: A Policy Gap’, Economic & Political Weekly, Vol 59, Issue No. Although there is evidence of a positive correlation between gender diversity on boards and enhanced corporate outcomes, the global gender gap persists, often due to entrenched “old boy networks” within companies. In India, the …

Companies are touting women in the C-suite – but their ranks are falling
7 months, 4 weeks ago

Companies are touting women in the C-suite – but their ranks are falling

BBC  

Companies are touting women in the C-suite – but their ranks are falling Serenity Strull/ Getty Images In the broader discourse about DE&I in the workplace, companies tout gender-diverse leadership more than they actually achieve it. McKinsey and Company's most recent annual Women in the Workplace report showed nearly three in four human resources leaders now said that DEI – …

More women in high positions at Dutch companies; Boards of Directors lagging behind
10 months, 3 weeks ago

More women in high positions at Dutch companies; Boards of Directors lagging behind

NL Times  

The share of women in top positions of large Dutch companies increased between 2020 and 2022, but the number of women on Boards of Directors is not growing fast enough, according to the Social and Economic Council. In 2022, Dutch companies’ Boards of Directors - the executives handling the day-to-day management of a business - consisted of 14.7 percent women, …

India Inc boardrooms have a mixed report card on diversity
1 year, 1 month ago

India Inc boardrooms have a mixed report card on diversity

Live Mint  

What does a typical Indian boardroom look like? Besides, the board composition remains heavily skewed towards non-executive directors, suggests data for the last five years. Additionally, in terms of gender diversity across firms of varied ownerships, multinationals lead ahead with the highest share of women directors. While the board size of Nifty 500 companies has relatively remained stable over the …

Female leaders are better than men. Then why are there so few women CEOs?
1 year, 3 months ago

Female leaders are better than men. Then why are there so few women CEOs?

India Today  

It is no secret that India has a long way to go when it comes to gender equality in the workplace. Three key advantages of female leaders emerged in this study: Women outperform men in the five dimensions of creative competencies, indicating superior skills in connecting with others, authenticity, and systems awareness. IBM’s ‘Women in Leadership’ study this year states …

Large firms lacking board level diversity risk ‘toxic’ cultures, group warns
1 year, 6 months ago

Large firms lacking board level diversity risk ‘toxic’ cultures, group warns

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The UK’s biggest listed companies lack employee representation and …

More women in board positions in the financial sector
1 year, 11 months ago

More women in board positions in the financial sector

NL Times  

Companies in the financial sector increased the proportion of women on their boards further in 2022, though women are still under-represented in top functions like CEO and CFO. Last year, companies in the financial sector appointed an equal number of women and men to their boards, increasing the percentage of women in boardrooms from 37 percent in June 2022 to …

6 reasons why the world needs more women in leadership roles | Explained
2 years ago

6 reasons why the world needs more women in leadership roles | Explained

India Today  

While women leadership is becoming a major sub-theme across business management, there is still further scope for improvement. Women leaders continue to defeat many workplace barriers caused by prevalent gender biases and have, time and again, emerged as transformational role models. WOMEN DELIVER FRESH PERSPECTIVES Women leaders offer varied experiences and viewpoints that significantly nurture innovation since diverse perspectives enhance …

Report: Women gained fewer US company board seats in 2022
2 years, 2 months ago

Report: Women gained fewer US company board seats in 2022

Associated Press  

NEW YORK — U.S. companies have added women to their boards of director at a slower pace this year compared with last year as the pandemic and a difficult economy shift priorities, according to a new report released Thursday. Women have continued to make gains, now holding a record 28% of board seats on the Russell 3000 index of publicly …

California outlawed the all-white-male boardroom. That move is reshaping corporate America
3 years, 2 months ago

California outlawed the all-white-male boardroom. That move is reshaping corporate America

LA Times  

“The ripple effect has gone across the nation,” Betsy Berkhemer-Credaire, CEO of 50/50 Women on Boards, says of California’s mandates on women and people of color serving on corporate boards. Even as the courts signal the new rules could collapse legally, the requirements that every public company headquartered in the state have women and members of traditionally underrepresented groups on …

Britain makes barely any progress increasing the number of female CEOs
3 years, 8 months ago

Britain makes barely any progress increasing the number of female CEOs

The Telegraph  

The number of women leading UK companies has barely increased over the past year, with just 6.3pc of firms run by a female chief executive. However, the UK ranks fifth among the G20 nations in terms of the proportion of women leading companies, according to data from S&P Capital IQ that canvasses almost 300,000 businesses across the globe. Felicia Willow, …

No excuse for gender inequality, sexism on IWD 2021, say corporate leaders
3 years, 9 months ago

No excuse for gender inequality, sexism on IWD 2021, say corporate leaders

ABC  

Women across corporate Australia are calling for an end to the ridiculous excuses they hear as to why they should not be promoted or paid the same as men. Lendlease director Nicola Wakefield-Evans says there's too many "egregious examples" of how we treat women disproportionately different. "It's so endemic; so common, and it puts women in terrible position of disadvantage," …

If we want true gender equality in the boardroom, we must go beyond box-ticking
3 years, 9 months ago

If we want true gender equality in the boardroom, we must go beyond box-ticking

The Independent  

There are now no all-male boards in the FTSE 350. It’s worrying that companies secure their three females – or in the case of the 16, they appoint one – from outside, and then they appear to drop the issue and to move on. It’s worrying that companies secure their three females – or in the case of the 16, …

Number of women on UK boards up 50%, but parity challenges remain
3 years, 10 months ago

Number of women on UK boards up 50%, but parity challenges remain

Al Jazeera  

The number of women on the boards of directors of the UK’s 350 top publicly traded firms has jumped by more than 50 percent since 2015, but women are still underrepresented in senior executive roles. Women now hold more than a third of the seats on the boards of the United Kingdom’s biggest companies, meeting a government target set five …

The Future is Female: Norway's Wealth Fund Wants More Women on Boards
3 years, 10 months ago

The Future is Female: Norway's Wealth Fund Wants More Women on Boards

News 18  

Norway’s $1.3 trillion sovereign wealth fund, the world’s largest, wants the companies it invests in globally to boost the number of women on their boards and to consider setting targets if fewer than 30% of their directors are female, top fund officials told Reuters. “What we want to see is better representation of women on the boards,” added Carine Smith …

In Germany's Landmark Law, Large Companies Must Include Women on Their Executive Boards
3 years, 11 months ago

In Germany's Landmark Law, Large Companies Must Include Women on Their Executive Boards

News 18  

German listed companies must include women on their executive boards as part of a landmark bill agreed by the country’s coalition government Wednesday after voluntary efforts failed to close a gender gap. Just 12.8 percent of management board members at Germany’s 30 largest listed companies — those in Frankfurt’s blue-chip DAX index — are women, according to the AllBright Foundation, …

Nasdaq Takes Aim At All-White, Male Company Boards With Diversity Proposal
4 years ago

Nasdaq Takes Aim At All-White, Male Company Boards With Diversity Proposal

NPR  

Nasdaq Takes Aim At All-White, Male Company Boards With Diversity Proposal Enlarge this image toggle caption Mark Lennihan/AP Mark Lennihan/AP Nasdaq wants to require the more than 3,000 companies listed on its stock exchange to improve boardroom diversity by appointing at least one woman and at least one minority or LGBTQ+ person to their boards. "We believe this listing rule …

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