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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.
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.
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.