Empowering Women Leadership for Economic Development & Sustainable Growth -The Role of Women Directors

  • J Antony Nancy Research Scholar (Full Time), Alagappa Institute of Management, Alagappa University, Karaikudi, Tamil Nadu, India
  • A Morarji Professor, Department of Corporate Secretaryship, Alagappa University, Karaikudi, Tamil Nadu, India
Keywords: Economy Development, Economic Growth, Gender Diversity, Women Empowerment, Leadership, Women Directors

Abstract

Through their leadership in corporate boardrooms, women directors play a critical role in promoting sustainable growth and driving economic development. This research explores this relationship. With the growing recognition of the value of gender diversity in society, identify and characterize the distinct contributions made by female directors to Corporate Governance, organizational performance, and overall economic growth. It explores the various ways that women directors influence decision-making processes and add to strategic initiatives. The research highlights the importance of varied viewpoints in augmenting inventiveness, efficacy, and durability in establishments. The report also explores the dynamics of empowerment related to women taking on leadership positions on corporate boards. It looks at the obstacles women must overcome to become directors, evaluates the methods used to get beyond those obstacles, and evaluates the empowerment that results for both the person and the larger community. The analysis highlights the influential function of strong female directors as advocates for gender equality and as agents of good change. The study also looks into how initiatives and policies may support gender diversity in boardrooms and offers insights into the organizational and structural aspects that contribute to fostering an inclusive environment that supports women’s leadership through the analysis of effective practices and case studies. This paper attempts to highlight corporate governance changes, leadership development programs, and mentorship programs that help women advancement to positions of directors and key managerial persons in corporate sector.

Published
2024-03-01
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How to Cite
Antony Nancy, J., & Morarji, A. (2024). Empowering Women Leadership for Economic Development & Sustainable Growth -The Role of Women Directors. Shanlax International Journal of Economics, 12(2), 20-23. https://doi.org/10.34293/economics.v12i2.7165
Section
Articles

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