India ranked 12th in women member presence on companies' board globally
According to a recent study on 'Women On Board 2020' by global recruitment tendering platform MyHiringClub.com and Sarkari-Naukri.info, India ranked 12th worldwide in women member presence on board.
This study was done online amongst 7,824 listed companies across 36 countries, including India.In India, 628 listed employers participated in this study.
Overall, it found that women's director on board percentage is 14.87 per cent, more than double compared to the last two years.Among them, 29 per cent of the boards have two women directors, 63 per cent of these boards have only one woman director each, it said.
The average board life of male directors in India is three years, more than their women counterpart while globally it is only about two years, it pointed out.Further, it said that the gap between the maximum board tenure of men and women directors is very huge, with 46 per cent fairer sex been a director for less than one year.Around 54 per cent of employees in Asia and 39 per cent in India are women, but only a fraction of that number makes it to middle and senior management level, it added.
(This story has not been edited by Business Insider and is auto-generated from a syndicated feed we subscribe to.)
- Here’s how Indians are buying Tesla, Facebook, and Apple shares through brokerage startups
- Radio ad revenue for July-Sept quarter in 2020 was Rs 198.53 crore: TRAI
- YouTube starts rolling out hashtag landing pages— here’s how you can use it
- Do not panic when Finance Minister Nirmala Sitharaman reads out the revised estimates
- India records 14,545 new COVID-19 cases in last 24 hours