Women empowerment has always been propagated across the nation vigorously and the efforts finally seem to bear fruits.
The women on boards in India have seen a steep rise to 11.2 percent from a mere 5.5 percent back in 2010.
Not only has the number of women involved in decision-making decisions doubled, we have also managed to close the gap with the global average of 14.7 percent.
According to a report released by Credit Suisse Research Institute, high participation of women led to better decision making thereby generating higher market returns and greater profits.
In other words, companies with a higher participation of females outperformed those with no female directors.
However, as far as the gender diversity at the management is concerned fared badly as the management diversity dropped from 7.8 percent in 2014 to 7.2 percent. "India is the second lowest in the region in terms of female representation at a senior management level, behind Japan and South Korea(both at 2.3 percent)," a release by Credit Suisse stated," a release by Credit Suisse stated.
