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Thread: California Bill Would Require Women On Corporate Boards

  1. #1

    California Bill Would Require Women On Corporate Boards

    “It’s a world where all you see are men in the boardroom. I find it very hard to believe only men can qualify,” said state Sen. Hannah Beth Jackson (D-Santa Barbara).
    Sen. Jackson is determined to change that. She’s pushing Senate Bill 826 which would make California the first state to require companies to hire women on their corporate boards of directors or face a fine.


    “Women on boards of directors perform better for their shareholders,” she said.
    Yet she says, of the 445 publicly traded companies in California, a quarter of them lack a single woman in their boardrooms.
    And among the critics fighting to keep it that way is almost every chamber of commerce in the state. They argue, the bill discriminates against men. And it’s unconstitutional.
    “We’re not saying we’re gonna kick men off the board. It says if you have a board of five people, all men, you have to add a position,” she said.

    More at: https://sacramento.cbslocal.com/2018...-of-directors/
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

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  3. #2
    What if a man identifies as a woman, does that count?
    Pfizer Macht Frei!

    Openly Straight Man, Danke, Awarded Top Rated Influencer. Community Standards Enforcer.


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  4. #3

  5. #4
    It says if you have a board of five people, all men, you have to add a position,”
    Director of Sandwich-making?
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  6. #5
    Quote Originally Posted by Danke View Post
    What if a man identifies as a woman, does that count?
    Yes , but are the women going to be allowed to vote ? Not sure that is a good idea...... Personally I would pass on california stocks anyway .
    Do something Danke

  7. #6
    Quote Originally Posted by TheTexan View Post
    Director of Sandwich-making?
    I always kept a hot office girl for that . Would not they be jealous about another gal horning in on that job ? More than one may not be a great idea......
    Do something Danke

  8. #7
    Quote Originally Posted by oyarde View Post
    Yes , but are the women going to be allowed to vote ? Not sure that is a good idea...... Personally I would pass on california stocks anyway .
    Most companies are incorporated in Delaware, so what's the point?

  9. #8

    Lagarde: 'I used to think there should not be quotas, but ...'




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  11. #9
    California has become the first state to require publicly traded companies to include women on their boards of directors, one of a series of laws boosting or protecting women that Gov. Jerry Brown signed Sunday.The measure requires at least one female director on the board of each California-based public corporation by the end of next year. Companies would need up to three female directors by the end of 2021, depending on the number of board seats.
    The Democratic governor referenced the objections and legal concerns that the law has raised. The California Chamber of Commerce has said the policy will be difficult for companies to implement and violates constitutional prohibitions against discrimination.
    "I don't minimize the potential flaws that indeed may prove fatal to its ultimate implementation," Brown wrote in a signing statement. "Nevertheless, recent events in Washington, D.C. — and beyond — make it crystal clear that many are not getting the message."
    It is one of several measures affecting women that Brown signed Sunday, his last opportunity to approve or veto laws before the term-limited governor leaves office. He also approved legislation requiring smaller employers to provide sexual harassment training and banning secret settlements related to sexual assault and harassment.

    More at: https://finance.yahoo.com/news/calif...210604707.html
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  12. #10
    What if someone with a penis identifies as a woman?
    Pfizer Macht Frei!

    Openly Straight Man, Danke, Awarded Top Rated Influencer. Community Standards Enforcer.


    Quiz: Test Your "Income" Tax IQ!

    Short Income Tax Video

    The Income Tax Is An Excise, And Excise Taxes Are Privilege Taxes

    The Federalist Papers, No. 15:

    Except as to the rule of appointment, the United States have an indefinite discretion to make requisitions for men and money; but they have no authority to raise either by regulations extending to the individual citizens of America.

  13. #11
    Quote Originally Posted by Danke View Post
    What if someone with a penis identifies as a woman?
    They could make fortune by serving on corporate boards to keep real women off them.
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  14. #12
    Quote Originally Posted by timosman View Post

    That's a dude.
    Pfizer Macht Frei!

    Openly Straight Man, Danke, Awarded Top Rated Influencer. Community Standards Enforcer.


    Quiz: Test Your "Income" Tax IQ!

    Short Income Tax Video

    The Income Tax Is An Excise, And Excise Taxes Are Privilege Taxes

    The Federalist Papers, No. 15:

    Except as to the rule of appointment, the United States have an indefinite discretion to make requisitions for men and money; but they have no authority to raise either by regulations extending to the individual citizens of America.

  15. #13
    Quote Originally Posted by Danke View Post
    That's a dude.
    I would prefer not to know.

  16. #14
    Quote Originally Posted by Swordsmyth View Post
    California has become the first state to require publicly traded companies to include women on their boards of directors, one of a series of laws boosting or protecting women that Gov. Jerry Brown signed Sunday.The measure requires at least one female director on the board of each California-based public corporation by the end of next year. Companies would need up to three female directors by the end of 2021, depending on the number of board seats.
    The Democratic governor referenced the objections and legal concerns that the law has raised. The California Chamber of Commerce has said the policy will be difficult for companies to implement and violates constitutional prohibitions against discrimination.
    "I don't minimize the potential flaws that indeed may prove fatal to its ultimate implementation," Brown wrote in a signing statement. "Nevertheless, recent events in Washington, D.C. — and beyond — make it crystal clear that many are not getting the message."
    It is one of several measures affecting women that Brown signed Sunday, his last opportunity to approve or veto laws before the term-limited governor leaves office. He also approved legislation requiring smaller employers to provide sexual harassment training and banning secret settlements related to sexual assault and harassment.

    More at: https://finance.yahoo.com/news/calif...210604707.html
    Sleeping your way to the top is still OK:


  17. #15
    Quote Originally Posted by timosman View Post
    Sleeping your way to the top is still OK:
    Plus you can then destroy the men involved to get them out of your way by claiming you were coerced.
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment



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