Companies headquartered in California can no longer have all-male boards
31–40 of 128 posts
Re: Companies headquartered in California can no longer have all-male boards
#32Aren't most corporations incorporated in Delaware for tax reasons anyway?
Re: Companies headquartered in California can no longer have all-male boards
#33Shouldn'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.
Re: Companies headquartered in California can no longer have all-male boards
#34Fascinating to see all comments against this at the moment. Some level of mandatory female board presence seems to work OK in plenty of places elsewhere in the world without a great backlash. No visible campaigns to repeal because of the great damage or tokenism that's resulted.
Re: Companies headquartered in California can no longer have all-male boards
#35Re: Companies headquartered in California can no longer have all-male boards
#36Re: Companies headquartered in California can no longer have all-male boards
#37Why 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.
There is also a real concern with regulation like this is that the current climate of discussion is such that the negative effects are difficult to discuss in civil society. I wouldn't be surprised if most of the people who object to this are sexists.
EDITED because I'd interpreted the article wrong
Re: Companies headquartered in California can no longer have all-male boards
#38It's best not to think about these things at all. What can you do, anyway? Suppress your mind's wandering. Focus on that algorithm on that refactoring, someone needs to get that work done, and it's you. You need that promotion. You need to make a lot of money for the federal government, for the state of California, and for your landlord, and you better make enough that there is something left to save. You don't want to look back in ten years and realize your youth disappeared while you were sitting in front of a monitor, you're still unmarried, you don't own a house, and you haven't had an independent thought in a decade, right? At least you've got to have some money saved up, that's going to make it worth it. So put your head down and get back to coding.
Re: Companies headquartered in California can no longer have all-male boards
#39Re: Companies headquartered in California can no longer have all-male boards
#40Curious - as article mentions - if this can be enforced on the standard Delaware C / California foreign that almost all of us work for.
> 301.3. (a) No later than the close of the 2019 calendar year, a publicly held domestic or foreign corporation whose principal executive offices, according to the corporation’s SEC 10-K form, are located in California shall have a minimum of one female director on its board. A corporation may increase the number of directors on its board to comply with this section.