Evaluation of the Role of Women Directors in Companies
This paper analyses the provisions of the Companies Act dealing with which make it mandatory for companies to have at least one-woman director have been analysed and their development has been discussed. The advantages of having women directors have also been discussed in great detail. In light of these provisions, the situation in other countries is also presented for comparison. It is also inferred from various comparative studies that countries all over the world face inadequate women representation on company boards, and many of these countries have also enacted various provisions to tackle the same. The paper also discusses the drawbacks of these provisions and how they are misused by some of the biggest companies in the Country. Such misuse also defeats the entire purpose of enacting such provisions. In order to tackle the problems of inadequate representation of women and misuse of the provisions enacted to improve the situation, possible solutions and remedies have been suggested.