Glass Ceiling Effect In The Indian Corporate Sector: A Reality Check

Madhurima Basu () and Anubha Shekhar Sinha ()
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Madhurima Basu: Indian Institute of Management Kozhikode
Anubha Shekhar Sinha: Indian Institute of Management Kozhikode

No 477, Working papers from Indian Institute of Management Kozhikode

Abstract: : India ranked 123 out of 162 countries in the currently available Gender Inequality Index of 2019. Out of 11,667 individual directors on the board of companies listed in the National Stock Exchange, only 2106 happens to be women directors. The Companies Act 2013, however, made it mandatory for all listed firms to appoint at least one women director on the board. In this paper, we analyze how this gender quota legislation had been able to change the constitution of Board of Directors among listed firms in India. Further to this, we also examine if these women directors are internally promoted which also provides evidence towards the probable existence of an invisible glass-ceiling above the women employees in the Indian workplaces.

Pages: 12 pages
Date: 2021-10
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