The primary objective of both corporate governance and public policy is to foster inclusive financial development for all stakeholders. Historically, women's access to economic opportunity has been limited, though the 21st century has seen greater participation of women in the workplace, even as their presence in senior and high-profile business roles remains low. Legislative mandates requiring at least one woman director on corporate boards have contributed to measurable improvements in governance practice. Public policy, meanwhile, seeks to address social issues, promote welfare, ensure economic stability and growth, enhance equity, maintain order and security, and foster civic engagement. In an era of competitive globalisation, business firms must adopt innovative practices to maximise stakeholder and shareholder value. A core objective of corporate governance is to ensure that directors and managers act ethically in the interests of the firm and its shareholders, and remain accountable to providers of capital for the use of assets. This paper reviews secondary evidence on the financial empowerment of women in Jharkhand through the lens of corporate governance mechanisms — transparency, control, and accountability — and assesses how governance structures help ensure that public policy achieves its intended impact.
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