Women occupy just 8.5 per cent of the senior management positions at India Inc, much below its most global peers except South Korea and Japan. It is even lower when it comes to top-tier roles, such as chief executive officers and chief financial officers.
Low female representation is a cause of concern for investors. According to CSRI, there is material correlation between firms with higher participation of women in decision-making roles, and their stock market and corporate performance.
India has seen improvement in female representation in boardrooms, thanks to a rule change that made it mandatory for