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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/
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  3. #2
    What if a man identifies as a woman, does that count?
    Quote Originally Posted by TheCount View Post
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  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?



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