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| Image Courtesy: http://indianboards.com |
Is India Inc.’s new found enthusiasm to have woman
board members a reflection of changing mindsets or mere tokenism?
Media reports suggest that more than 250 companies appointed
women directors on Tuesday to meet the SEBI’s deadline. In fact, many companies
have appointed wives, daughters and sisters of promoters and top company
executives as directors in a desperate attempt to be in compliance. Is this the
right approach?
India passed a law in 2013 mandating publicly-listed
companies with five or more directors to have at least one woman board member.
