ROLE OF WOMEN DIRECTOR ON BOARD TO ENHANCE CORPORATE GOVERNANCE

AUTHOR – EKTA HEMANT PARKAR, STUDENT AT MKES COLLEGE OF LAW

BEST CITATION – EKTA HEMANT PARKAR, ROLE OF WOMEN DIRECTOR ON BOARD TO ENHANCE CORPORATE GOVERNANCE, INDIAN JOURNAL OF LEGAL REVIEW (IJLR), 5 (3) OF 2025, PG. 106-111, APIS – 3920 – 0001 & ISSN – 2583-2344.

ABSTRACT

Women plays important role in decision making of board which lead to earning opportunity and more profit. Founders and other board members should increase efforts to maximise women representation on board. Women director on board should not look as only compliance requirements but important tool for welfare of company and society. The appointment of women directors on corporate boards is increasingly recognized as a pivotal strategy for enhancing corporate governance. This article explores the significance of gender diversity in decision-making roles, particularly the positive impact of female board members on organizational transparency, accountability, and overall governance. A diverse board brings different perspectives, which can lead to more comprehensive risk management, improved strategic decisions, and enhanced corporate social responsibility practices. The study examines global trends and regulatory frameworks aimed at promoting female representation on boards, while highlighting the challenges, barriers, and benefits that arise from such initiatives. Furthermore, it discusses the correlation between gender diversity and improved financial performance, innovation, and stakeholder trust. The article concludes by advocating for a continued push for gender-balanced boards as a means to foster stronger, more sustainable corporate governance structures across industries.