By: Kyle James | 08-31-2018 | News
Photo credit: Paul Chinn | The Chronicle

California - Wants At Least One Woman On Every Company Board

The social justice identity polices war is raging on in California with gender equality activists within the state's legislators passing a bill that would require public companies to have at least one woman on their boards. The bill was introduced by California state senators Hannah-Beth Jackson and Toni Atkins and if it is signed into law it could mean publicly traded companies will have to put a woman on each board or face fines.

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"One-fourth of California's publicly traded companies still do not have a single woman on their board, despite numerous independent studies that show companies with women on their board are more profitable and productive," state Sen. Jackson said on Wednesday. "With women comprising over half the population and making over 70 percent of purchasing decisions, their insight is critical to discussions and decisions that affect corporate culture, actions, and profitability."

The bill's authors said, "More women directors serving on boards of directors of publicly held corporations will boost the California economy, improve opportunities for women in the workplace, and protect California taxpayers, shareholders, and retirees, including retired California state employees and teachers whose pensions are managed by CalPERS and CalSTRS." They go on to say that proactive steps need to be taken to force women into positions they wouldn't otherwise be without the government stepping in.

<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">Did you know that 1/4 of CA&#39;s publicly held companies still have no women on their boards? With <a href=";ref_src=twsrc%5Etfw">#SB826</a>, CA could become the first state in the nation to require women on the corporate boards of publicly held corporations. It&#39;s time to lead the way in gender diversity! <a href=""></a></p>&mdash; Hannah-Beth Jackson (@SenHannahBeth) <a href="">August 15, 2018</a></blockquote>

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The bill says if it passes, companies with five board members will be required to make at least two of them women. It there are six members, then three of them have to be female. The bill's authors say that women are the key to profitability and without them, the corporate culture won't be as healthy.

<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr"><a href=";ref_src=twsrc%5Etfw">#SB826</a> would require publicly held corporations in <a href=";ref_src=twsrc%5Etfw">#California</a> to have one woman by 2019 and two or more after that. Ridiculous a bill needs to be put forth just to TRY to make this legal, and I thank <a href="">@SenHannahBeth</a> for pushing this forward. <a href="">@womensmarch</a></p>&mdash; KWalksAgain (@KWalksAgain) <a href="">August 30, 2018</a></blockquote>

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Twitter: #California #SB826 #Senate #Bill #GenderEquality #GoldenState #SenatorJackson #SenatorAtkins

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3 Comment/s
Anonymous No. 35654 2018-08-31 : 06:40

Every company board should have at least one nation wreckin toad on it. I mean what's this nonsense about actually earning anything when you could just make the commie state force them to hire you?

Anonymous No. 35677 2018-08-31 : 12:51

Affirmative Action to get unqualified people who never worked hard on merit, to get high paying jobs.

Anonymous No. 35685 2018-08-31 : 13:52

So a Socialist Leaning State wants to control Industry and business.

Isn't this the same mistake Venezuela made nationalizing its businesses and industries?

Isn't Venezuela so screwed up down there that they can't even feed their own people basic foods?

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