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California To Force Publicly Traded Companies To Appoint Women To Their Board Of Directors

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posted on Sep, 30 2018 @ 05:25 PM
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It appears California is bound and determined to get rid of their private companies. Now the state progressives are forcing private companies to not only appoint a woman to their board, but up to 3.

C'mon Google, time to fly.

www.washingtonpost.com... tory.html?noredirect=on&utm_term=.3f5ced323d4f

California is 1st state to require women on corporate boards


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.


California Becomes First State to Mandate Female Board Directors
www.wsj.com...



www.cnbc.com...




State Sen. Hannah-Beth Jackson says having more women on boards will make companies more successful. The Santa Barbara Democrat authored the measure. The California Chamber of Commerce has argued that the composition of corporate boards should be determined internally, not mandated by government.

The chamber says the new law will prioritize gender over other aspects of diversity.


edit on 30-9-2018 by infolurker because: (no reason given)

edit on 30-9-2018 by infolurker because: (no reason given)



+16 more 
posted on Sep, 30 2018 @ 05:33 PM
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welp, you guys are begging for the government to run every aspect of your lives so welcome to the new tyrannical system of full government control over every minute of your life


+16 more 
posted on Sep, 30 2018 @ 05:35 PM
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a reply to: infolurker

Socialism is where the government owns the companies.

Progressivism is where the government regulates the companies to the point that they might as well own them.

Couldn't happen to a better state though... let's see where they are at in another decade!



+2 more 
posted on Sep, 30 2018 @ 05:37 PM
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these government mandated social justice quota's are going to lead us down a dark path

just ask South Africa
edit on 30-9-2018 by toysforadults because: (no reason given)



posted on Sep, 30 2018 @ 05:45 PM
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Must feel good being the diversity hire on the board.

This(is supposed to)work by leveling the playing field for minorities in the country because there are fewer of them compared to the majority, so if qualifications are equal the job goes to the minority. You can still get the job but you have to be over qualified or at least more qualified then the other people applying.

Now males and females are pretty much split 50/50 half of all people are male the other half female, so the field is already level.
All female boards also need a token male then.

a reply to: infolurker


edit on 30-9-2018 by Athetos because: (no reason given)

edit on 30-9-2018 by Athetos because: (no reason given)



posted on Sep, 30 2018 @ 05:46 PM
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a reply to: Lumenari

And capitalism is where businesses and corporations own the government and pay politicians to make them as much profit as possible. Seeing as we're using caricatures here I thought I'd give it a go too.


As for the OP, I think this is stupid. Why should a company be forced to hire a woman over a man if the man is better qualified? Really dumb idea.



posted on Sep, 30 2018 @ 05:48 PM
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So ... do they all expand their boards by 3, or do they fire people to make room, and if you get fired explicitly for the diversity hire, can you sure for discrimination?

Or, if you aren't making bank in the company do you then get mad that the 1% got expanded to a bunch of women who were only hired because they were women and being a man, you couldn't get your piece of that pie, especially if you can prove you have all the same qualifications except a uterus?

Even more, what if one of the diversity hires if a woman with a penis instead of a vagina, and you are the woman/woman who could have taken that spot ... do you sue because a bio-man took your spot in defiance of the law even though as a trans, the person in question "feels" like a woman?



posted on Sep, 30 2018 @ 05:50 PM
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a reply to: infolurker

Easy fix. Have 3 of the male board members transition to female. Problem solved.





posted on Sep, 30 2018 @ 05:51 PM
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a reply to: ketsuko

Or what if a female to male trans is fired for a normal woman?

So many questions...



posted on Sep, 30 2018 @ 05:53 PM
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The sex wars continue.

Affirmative action goes from skin color to sex.

Qualification be damned.



posted on Sep, 30 2018 @ 05:54 PM
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a reply to: ketsuko

none of those things happen what happens is no companies headquarter their business's in California


+2 more 
posted on Sep, 30 2018 @ 05:54 PM
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originally posted by: wtfatta
a reply to: infolurker

Easy fix. Have 3 of the male board members transition to female. Problem solved.




They only need to identify as female.

Transition not required.



posted on Sep, 30 2018 @ 06:00 PM
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How does one take an already sinking state budget and make it worse...

I don't know but I hear California can offer some advise.



posted on Sep, 30 2018 @ 06:00 PM
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originally posted by: wtfatta
a reply to: infolurker

Easy fix. Have 3 of the male board members transition to female. Problem solved.




Naw not transition they only need to identify as female. It could be a rotating duty ..



posted on Sep, 30 2018 @ 06:01 PM
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a reply to: RickyD

I had a job offer to move to the state and chose to decline, cost of living is to high and traffic is beyond bearable



posted on Sep, 30 2018 @ 06:01 PM
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Prominent California Women who Qualify

Dr Christine M Blasley Ford
Nancy Pelosi
Kamala Harris
Diane Feinstein
Maxine Waters
Barbara Boxer
😎



posted on Sep, 30 2018 @ 06:02 PM
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So will CA bankrupt themselves or will the big one get them. Which happens first?



posted on Sep, 30 2018 @ 06:04 PM
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Why,why not both?


a reply to: whywhynot



posted on Sep, 30 2018 @ 06:04 PM
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originally posted by: 3NL1GHT3N3D1
a reply to: Lumenari

And capitalism is where businesses and corporations own the government and pay politicians to make them as much profit as possible. Seeing as we're using caricatures here I thought I'd give it a go too.


As for the OP, I think this is stupid. Why should a company be forced to hire a woman over a man if the man is better qualified? Really dumb idea.


I can’t believe you are being distracted by this!

Just following the media narrative of divisiveness!


edit on 30-9-2018 by Grambler because: (no reason given)



posted on Sep, 30 2018 @ 06:06 PM
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a reply to: Grambler

Distracted by what? This is literally the only time I'll ever think about this.



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