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From tokenism to critical mass
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India, Feb. 13 -- The corporate landscape has long been dominated and characterised by men and is still skewed in their favour. In 2013, the archaic Companies Act, 1956, underwent the much-needed amendments. This infused critical measures of gender equality into today's corporate scenario. Subsequently, in a knee-jerk reaction to the regulation, women representation on corporate boards jumped substantially. According to a report by Prime Database, from a mere five per cent female representation in 2012, the board's composition is significantly more inclusive now with women constituting around 13 per cent (622) of the total directors (4,690) in the NIFTY 500 . Without accounting for multiple directorships, there were a total of 477 unique ...
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