Paper Contents
Abstract
Corporate sustainability combines financial performance with environmental, social, and governance (ESG) factors. Women, due to their unique characteristics, can significantly contribute to promoting sustainable practices and strategic decision-making, thereby positively impacting a companys financial performance. The main objective of this study explores the financial performance of Indian companies and its relationship with women on their boards. Building on previous research methods from Catalyst (The bottom line: corporate performance and womens representation on boards, 2007) and McKinsey (Women matter. Gender diversity, a corporate performance driver. McKinsey & Company, USA, 2007), this analysis examines 50 listed companies in the NIFTY50 index. Our findings contribute to the ongoing international debate, often driven by normative perspectives, by demonstrating by showing that companies with female representation on their boards achieve superior financial performance
Copyright
Copyright © 2024 Priyanshi Baheti. This is an open access article distributed under the Creative Commons Attribution License.
