New California Law Forces Publicly Traded Companies to Have Women on Board of Directors

Carbonatix Pre-Player Loader

Audio By Carbonatix

California has become the first state in the country to force companies to include women on their boards of directors.

The Washington Times reports over the weekend Democratic Gov. Jerry Brown approved legislation that requires publicly traded California-based corporations to include at least one woman on their board by 2020.

By 2021, that number goes up to at least two for companies with five board members and three for companies with six directors. 

The California Chamber of Commerce has argued that the make-up of corporate boards should not be mandated by government.

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

Governor Jerry Brown admits the law has flaws that could prevent it from being implemented. 

Corrie O'Connor

 

Salem News Channel Today

Sponsored Links

On Air & Up Next

  • The Restaurant Show
    10:00AM - 12:00PM
     
    On The Restaurant Show we strive to get you out and about – trying new   >>
     
  • Retire Financially Fit with Barbara Swiatek
     
    SF Financial Services was founded in 2005 with an emphasis on retirees and   >>
     
  • This Week on Capitol Hill
     
    An Inside Look into the decision-making of the U.S. House of Representatives.
     
  • The Alex Marlow Show
    2:00PM - 3:00PM
     
    In a time when political establishments, globalist bureaucracies, and   >>
     
  • The Scott Jennings Show
     
    Jennings is battle-tested on cable news, a veteran of four presidential   >>
     

See the Full Program Guide