India, May 1 -- Although participation of women in workforce is increasing worldwide, it is not commensurate with higher leadership roles. Female participation on corporate boards is still only a small fraction of their overall participation. In Australia, women's labour force participation rate reached the highest ever in January 2018 at 60.5 per cent, whereas in places like Canada, the US and the European Union, women are almost half of the workforce. However, representation of women on boards is abysmally low. In emerging economies such as India, female board members are to the tune of 10 per cent, whereas it is slightly better in Western nations like Canada with 18 per cent female representation. However, expectation of gender diversi...