Women shining in Corporate World
Corporate world is backbone of present day world economy.
Women are playing a formidable role in the present world economy. Hire or promote a woman to join your board of directors now to reap better results. According to a research, even one woman on the board of directors in a firm can lead to stronger corporate governance practices than those with no women. Moreover, companies with at least three women in board of directors rank even higher, depending on specific industry sectors, the study said. The findings are an eye opener over the burning facts that women are equal partners in economical boom of any society or country.
“The findings suggest the presence of women on a board encourages a greater focus on board practices and behaviours related to good governance, even when they are a lone voice,”said business professor Judith Zaichkowsky from Simon Fraser University in Canada said nearly a decade back.
The study found significant improvement in scores with one women, especially in traditionally male-dominated industries such as energy and mining. All this proves that women presence in corporate is slated to increase.
In our country too and region also the women are shining in corporate world and making a mark. The corporate world is taking a great direction under the leadership of women.
The presence of women on the board could be a signal that a company cares more about good corporate governance, the expert analysis from time to time has revealed. Women role in corporate world is now redefining the corporate sector and this needs to be done in such a way that women shine in all positions .