Read the story here. Advertise at Before It's News here.
Profile image
By Corporate Justice Blog
Contributor profile | More stories
Story Views
Last hour:
Last 24 hours:

California Requires Gender Diversity on Corporate Boards

% of readers think this story is Fact. Add your two cents.

The state of California has just passed legislation requiring that California corporations include female board members amidst their board leadership teams, following in the footsteps of Norway and Germany.  Governor Jerry Brown signed the California statute yesterday, Sunday, September 30th, 2018, marking the first time that a state in the United States is requiring gender diversity amongst its corporate board members.

CNN Money reports that California now requires “publicly traded firms in the state to place at least one woman on their board of directors by the end of 2019 — or face a penalty.  It also requires companies iwth five directors to add two women by the end of 2021, and companies iwht six or more directors to add at least three more women by the end of the same year.  It’s the first such law on the books in the United States, though similar measures are common in European countries.”

The Corporate Justice Blog has long advocated for greater board diversity within corporate leadership in United States corporations.  Additionally, proponents of this legislation argue that the U.S. has waited too long to bring the weight of the law to bear on long-lasting discrimination against women in the corporate leadership arena.  Further, supporters point out that European nations have established gender diversity quotas that has lead to greater performance and profitability for such firms for years.  Critics argue, of course, that setting quotas will lead to “unqualified” female board members.  Opponents further argue that setting quotas might act as a discrimination against male candidates and might chill male board member interest.  These age-old critiques hark back to tired arguments made in the wake of 1960s affirmative action passage and turn of the century women’s suffrage opponents.  To date, of the Fortune 500, only 24 are led by female CEOs (4.8%).

hat tip to Janelle Cline, 2L University of Arkansas at Little Rock William H. Bowen School of Law


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!

Order by Phone at 888-809-8385 or online at M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at M - F 9am to 5pm EST

Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover -  Reduces Smart Meter radiation by 96%! (See Video).

Report abuse


    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Total 1 comment
    • unidentified

      i didnt know that was already happening in europe

    Load more ...




    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.