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GOVERNANCE RISKS AND

ETHICS

1.Challenges faced by women as BOD


2.Famous women BOD’s in India

-18BCP040(PRIYANKA.C)
3rd B.COM(PA)
Board Of Directors
Board of directors is an elected group of
individuals that represent shareholders.
The board is a governing body that typically
meets at regular intervals to set policies for
corporate management and oversight.
Every public company must have a board of
director.
In this women’s also plays a major role. Here
we discuss about the problems faced by
women as a Board Of Directors.
Women as Board Of Directors
The law has made it mandatory for companies to
appoint at least one woman director on their
boards and the good news is that it’s proven to
be effective.

According to Prime Database, 76 per cent of the


NSE 500 companies now have a woman director on
their boards.

The not-so-good news is that many of them are


still struggling to make an impact.
Challenges/Problems Faced:-
1. Lack of role models
2. Tokenism
3. Personal life
4. Hostile workplace culture
Lack of role models

1. Women are discouraged because of lack of


proper guidance and mentors.
2. Only a few role models are there as
women BOD.
3. Women will be always alone in any
meetings and even in their workplace.
Tokenism

Tokenism is the practice of making only a


perfunctory or symbolic effort to be
inclusive to members of minority groups,
especially by recruiting a small number of
people from underrepresented groups in
order to give the appearance of racial or
sexual equality within a workforce.
Personal life
Most of the women are leaving their jobs
voluntarily because of their family
commitments.
Rejoining of women after child birth is in a
decreasing number.
Therefore women continue to hold only a
small proportion in this sector.
Hostile workplace cultures
Women as a board of directors face
1.Everyday sexism
2.Micro aggression
3.Incivility
in the workplace on a disturbing scale.
Inspite of these challenges,now a days
many women are shining as BOD’s .
Famous women BOD’s in India
Chitra Ramakrishna
Aruna Jayanthi
Mallika Srinivasan
Shikha Sharma
Chanda kochhar
Anjali Bansal
CHITRA
RAMAKRISHNA
Chitra Ramkrishna is the first
woman managing director and chief
executive officer of
the National STOCK
EXCHANGE (NSE). She is also a part
of CII’s National Council on Financial
Sector Development, FICCI’s
National Executive Committee and
Capital Markets Committee. NSE has
grown tremendously under her
leadership and currently reaches out
to more than 1,500 locations in the
country.
ARUNA JAYANTHI
Jayanthi is the Chief Executive Officer
of Capgemini India since January 2011,
prior to which she worked out of Europe
and North America . She is also the
current Chairperson of Board of
Governors of National Institute of
Technology Calicut. Jayanthi is considered
to be one of the most successful Indian
women in the tech sector and is also an
executive council member of the industry
body NASSCOM.
MALLIKA
SRINIVASAN
Women are usually not associated with
farm equipment in India, but Mallika
Srinivasan, the chairperson of Tractor
and Farm Equipment (TAFE) has defied
this notion. Under her leadership the
company’s revenues went from Rs. 85
crore back then; to over Rs 8,000 crore
today. In an interview with Forbes
India she revealed that she plans to
make TAFE a $5 billion company in the
next three to five years.
SHIKHA SHARMA
Shikha Sharma is the Managing
Director and CEO of Axis Bank, India’s
third largest Bank in the private
sector. Since her appointment to the
post, the bank’s stock has appreciated
by a phenomenal 90%. This is however,
not all. Sharma is also the Chairperson
of Axis Asset Management Company
Limited, Chairperson of Axis Bank UK
limited, Axis Capital Limited and Axis
Private Equity Limited.
CHANDA KOCHHAR
One of the most successful women in
the country, Chanda Kochhar, is the
Managing Director and CEO of ICICI
Bank and has been ranked as one of
the Most Powerful Business Women in
India multiple times. She is
responsible for implementing and
following the strategy that enabled
the bank to come out of a period of
great crises. Under her leadership,
ICICI became the largest privately
owned bank with assets worth almost
$80 billion.
Anjali Bansal
Anjali Bansal is the founder of
Avaana Capital, a platform that
invests in the scaling up of growth
stage businesses.
She has been appointed non-executive
chairperson of Dena Bank. She also
chairs NITI Aayog Women
Entrepreneurship Platform
Investment Council. She was
previously global partner and
managing director with TPG Growth
PE, Spencer Stuart India Founder
CEO, and strategy consultant with
McKinsey and Co. in New York and
India.
THANK YOU

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