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California becomes first state to require women on corporate boards
The Independent (UK) via Yahoo ^ | October 1st, 2018 | Maya Oppenheim

Posted on 10/01/2018 7:38:01 PM PDT by Mariner

California has become the first state in the US to require publicly traded companies to include women on their board of directors.

Governor Jerry Brown signed the new measure – which necessitates at least one female director on the board of each California-based public operation by the end of 2019 – into law on Sunday.

Firms will need up to three female directors by the end of 2021, depending on the size of their boards.

Hundreds of companies will be affected by the law and those who violate it can be fined $100,000 (£76,600) for a first violation and $300,000 (£229,900) for a second.

A fourth of publicly held corporations with headquarters in California do not have any women on their boards of directors.

Democrat State Senator Hannah-Beth Jackson – who authored the bill – said getting more women on boards will make firms more successful.

(Excerpt) Read more at yahoo.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Culture/Society; News/Current Events; US: California
KEYWORDS: 2018election; 2020election; abortion; adamschiff; botox; boycotts; california; calstatefullerton; christineblaseyford; civilrights; diannefeinstein; discrimination; dnctalkingpoint; dnctalkingpoints; election2018; election2020; genderdysphoria; globalwarminghoax; governormoonbeam; hannahbethjackson; homosexualagenda; incometaxes; jerrybrown; libertarians; losangeles; lyinglimolib; madmaxine; maxinewaters; medicalmarijuana; nancypelosi; neednotapply; perjurer; perjury; richardcblum; sanctions; sanfrancisco; sanfrannan; savethemales; schiffforbrains; tariffs; taxcutsandjobsact; taxreform; tcja; trade
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"God help us if we ever give 'em the vote". - Rooster Cogburn
1 posted on 10/01/2018 7:38:01 PM PDT by Mariner
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To: Mariner

Clearly unconstitutional.


2 posted on 10/01/2018 7:40:18 PM PDT by kaehurowing
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To: kaehurowing

It take 3-7 years to correct that.


3 posted on 10/01/2018 7:41:18 PM PDT by Mariner (War Criminal #18)
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To: Mariner

What if they are “transgender” and are male, but identify as female, does that count?

Do they also require at least one male? Because if you had an all female board, won’t that be discrimination against men, and thus illegal sex discrimination?


4 posted on 10/01/2018 7:41:19 PM PDT by Dilbert San Diego
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To: Mariner

Federal courts


5 posted on 10/01/2018 7:42:35 PM PDT by Gay State Conservative (I've Never Owned Slaves...You've Never Picked Cotton.End Of "Discussion".)
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To: Mariner

What? No sensitivities to LBGTQXYZ????? How 1990’s of them. What if a woman has a penis?


6 posted on 10/01/2018 7:42:42 PM PDT by SERKIT ("Blazing Saddles" explains it all.......)
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To: Dilbert San Diego

“won’t that be discrimination against men, and thus illegal sex discrimination?”

No.

That would be “justice”.


7 posted on 10/01/2018 7:43:00 PM PDT by Mariner (War Criminal #18)
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To: Mariner

If getting more women on boards would make the companies more successful, wouldn’t they already be doing that? Wouldn’t they be actively recruiting women without a law, if a key to success is women’s involvement?

Is this law a solution in search of a problem?


8 posted on 10/01/2018 7:43:13 PM PDT by Dilbert San Diego
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To: Mariner

being a female corporate executive just became insanely profitable in CA, courtesy of increased prices being paid by a captive customer base.

all through state coercion.


9 posted on 10/01/2018 7:43:16 PM PDT by JohnBrowdie
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To: SERKIT

That’s next
Camel - tent


10 posted on 10/01/2018 7:43:24 PM PDT by a fool in paradise (Denounce DUAC - The Democrats Un-American Activists Committee)
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To: Mariner

Wymyn?

Do tans genders count?


11 posted on 10/01/2018 7:43:30 PM PDT by Paladin2
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To: Mariner

Will this include provisions for transgenderoid women? How about for other genders — aren’t there about 57 or so, now?


12 posted on 10/01/2018 7:43:42 PM PDT by Tolerance Sucks Rocks ( The US Constitution ....... Invented by geniuses and God .... Administered by morons ......)
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To: kaehurowing
"We don' need no stinkin' Constitution"


13 posted on 10/01/2018 7:44:04 PM PDT by Pelham (California, how mass immigration transforms America into Obamaland)
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To: kaehurowing
Irrelevant. The Constitution does not apply in California.

But if a biological male claims to identify as a female then the requirement is satisfied. Throw their lunacy right back in their faces!

14 posted on 10/01/2018 7:44:20 PM PDT by 17th Miss Regt
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To: Mariner

“Democrat State Senator Hannah-Beth Jackson – who authored the bill – said getting more women on boards will make firms more successful.”

So this politician thinks she was elected to take over companies and make them more successful? This is a ridiculous law, and it doesn’t help women. It demeans women that have actually worked hard and smart and made it on merit.


15 posted on 10/01/2018 7:45:03 PM PDT by Rusty0604
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To: Mariner
Yup. Put a female, maybe a college professor on your board, eh?

Georgetown Professor Says White Republicans Should Be Castrated, Fed To Swine

16 posted on 10/01/2018 7:45:31 PM PDT by blam
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To: Mariner

If you’re not a black homosexual working class woman, you are an oppressor pig and deserve to die!!!


17 posted on 10/01/2018 7:46:33 PM PDT by dainbramaged (If you want a friend, rescue a pit bull.)
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To: Mariner

As someone was commenting on some show .... how do blacks, Hispanics, to name a few others, feel about being discriminated against since only ‘women’ are required?


18 posted on 10/01/2018 7:46:56 PM PDT by Qiviut (McCain & Obama's Legacy in two words: DONALD TRUMP!)
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To: Mariner

They can get the sandwiches and coffee.


19 posted on 10/01/2018 7:47:26 PM PDT by central_va (I won't be reconstructed and I do not give a damn)
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To: Mariner

Next there’ll be a “gay” quota - watch for it!


20 posted on 10/01/2018 7:47:50 PM PDT by beethovenfan (I always try to maximize my carbon footprint.)
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