Journal Press India®

DELHI BUSINESS REVIEW
Vol 25 , Issue 2 , July - December 2024 | Pages: 33-44 | Research Paper

Gender Equality: Constraints and Strategic Issues – ESG Approach

Author Details ( * ) denotes Corresponding author

1. * Nand L. Dhameja, Professor Emeritus, NA, MRIIS, Faridabad, Haryana, India (nanddhameja@yahoo.co.in)
2. Subhi Kapur, Professor, NA, MRIIS, Faridabad, Haryana, India
3. Manish Dhameja, Senior Banker having experience in South Asia, NA, Africa and Middle East, Africa
4. Amandeep Dhaliwal, Director and HOD, NA, FMS, MRIIS, Haryana, India

Purpose: Women in Indian culture are revered, and are divine forces as the creator, nurture and protector. Beti bachaobeti educate is accepted as a common motto. In the of words Angelica Fuentes, ‘Gender Parity is not Just for Women – It is Good For Societies’. Laws have been enacted to give equal shares to ladies and male members in a family; listed companies are required to have one woman director. Legislation enacted on August 2023, to reserve one-third of all seats for women in Lok Sabha and state legislatures, is a landmark in improving gender parity. Design/Methodology/Approach: The study is exploratory and discusses cultural and political aspects, government policy interventions in terms of the constitution, and multinational organisations, like the World Bank, IFC, UNICEF, and United Nations SDGs. The study reviews gender diversity in different industries including higher education, and discusses steps for better gender equality across different countries. Findings: Research findings relating to gender diversity by organisations including ILO, Finance Research Corporation of Leadership Institute of London Business School indicated that board diversity should be a priority for every organisation as women on the boards and better financial performance have a positive relationship. Research Limitations: There is a need to bring in measures to safeguard the interest of ladies and to look for measures to provide better health facilities like maternity and paternity leave. Managerial Implications: Implications This would necessitate religious, social, and government efforts to introduce measures to have equal roles for girls and ladies; the measures though too simplistic to act, greater focus on education would hold the key. Originality/Value: The study is the original work of the authors to reflect on the contradiction of gender inequality in our social system and to explore ways to resolve the issue.

Keywords

Gender Equality, Gender Diversity, Occupational Segregation, Discrimination, Maternity-Paternity Leave, Constraints, Strategic Issues, ESG, Chanakya Niti, Sunshine Industry, Human Development Index, and Labour Force Participation Goldman Sachs Report.

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