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Companies headquartered in California can no longer have all-male boards

money.cnn.com

11–20 of 128 posts

Re: Companies headquartered in California can no longer have all-male boards

#11
This is one hell of an overreach and will absolutely not improve the problem that it tries to solve.

I am against identity politics on principle, but a much more amenable solution would have been something like offering tax incentives for companies who do.

But aside from being way too heavy handed for a state, are they planning to do this for every “protected” class? Why only women?

Re: Companies headquartered in California can no longer have all-male boards

#15
The article seems light on explaining the reasoning behind the law. Its proponents clearly want to increase the average female-male ratio on corporate boards. But that doesn't mean that a few boards being nearly all-male is necessarily bad. There must be a better, less blunt way to encourage companies to open more board seats up to women.

Re: Companies headquartered in California can no longer have all-male boards

#16

Does this mean that all-female boards are also forbidden?

I'm curious how trans people are counted as well. Say you have 1 Cis female, 1 cis male, 1 trans male, 1 trans female. Can the fifth person be a cis male or trans male?

It’s an interesting question, but I’d assume the law would say a trans female counts, a trans male does not. After all, if you’re transitioning into the gender you feel inside, then your birth sex is probably irrelevant from how you think and approach situations.

But that said, the vast majority of boards are all cis males. That’s the real thing being challenged.

Re: Companies headquartered in California can no longer have all-male boards

#17

This makes no sense. So a company that has a target market of men must have a woman on the board? So an all woman board will be legal? How female is female enough for them? Can someone just identify as a woman, or will there be a mandatory screening of what's between their legs (or what their DNA has)? I predict the outcome will just be companies will move headquarters to another state (already happening because of t…

Take a look at companies whose target customers are all women. Are you surprised to see a man on their board?

Re: Companies headquartered in California can no longer have all-male boards

#18
post #3

Shouldn't they also be required to have at least one black person, one Asian, one gay, one handicapable person and one non-cisgender member? Imagine the job prospects of your average handicapped, transgender blasian lesbian? You could have your pick of any company board. I kid, but I can't help but imagine there will be some unintended consequences of legislation like this.

I agree. I support the principle behind this legislation, but it seems to set a dangerous precedent for giving the state government the authority to mandate demographics.

Agreed. Allowing the governments to dictate the demographic makeup of private organizations is just asking for trouble. If we continue down this path I'm sure people will screw it up and use it for bad things (like universally bad, not just considered bad by the affected minority) within a generation or two.

Re: Companies headquartered in California can no longer have all-male boards

#20
post #7

Why isn't the excuse of "representing the public" used to require certain members have a particular religion or race as well? What about income? Board members are about as far from representing society as you can get (and that's not the purpose of a board anyway) so I don't understand why this is being mandated. Seems like a strategy for cheap political points rather than any kind of well-reasoned reform.

It’s a bold move, and I don’t know that I think it’s the right way to do things. That said, it should start to break down glass ceilings and likely lead to behavior changes by adding female perspectives into the mix. It’ll probably also trickle down in hiring practices and possibly even product changes that are less male-focused.

I’d prefer it if women could achieve this on their own because they’re good and deserve it, but so far society seems to be stagnating... and with the recent Kavanaugh hearing and what Trump says and who he backs, I fear women’s rights are in danger and role is receding. I’m very curious to see how this plays out and what meaningful changes (if any) come from it.

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