How woman director are essential
Empowering Change: A Guide to Appointing a Woman Director In the ever-evolving corporate governance landscape, the appointment of women directors and independent directors has become integral to ensuring transparency and accountability in Indian companies. The Companies Act 2013 ushered in a new era by introducing these concepts to the Board of Directors, emphasizing their significant roles in the management of businesses. This article delves into the provisions, applicability, appointment procedures, tenures, and penalties for women directors and independent directors in India. Women directors often bring diverse perspectives and experiences to the boardroom, which can lead to better-rounded decision-making. Women directors also serve as role models, and therefore improve female employees' performance and boost companies' image . The empirical results show that the proportion of non-executive female directors and independent female directors have significan...