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Only one out of every 20 board positions in India’s largest companies is held by a womsn, new research has found. Standard Chartered Bank has discovered that the Bombay Stock Exchange’s 100 biggest firms have female board representation of just 5.3 per cent.
The figure compares to 14.5 per cent in the US, 12 per cent in the UK, while in Hong Kong, the subject of another Standard Chartered report on the issue last year, the figure stands at nine per cent. The bank concludes that ‘corporate India clearly has some way to go’ on the issue.
The figure compares to 14.5 per cent in the US, 12 per cent in the UK, while in Hong Kong, the subject of another Standard Chartered report on the issue last year, the figure stands at nine per cent. The bank concludes that ‘corporate India clearly has some way to go’ on the issue.
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