MCViewPoint

Opinion from a Libertarian ViewPoint

California’s Jerry Brown Signs Law Requiring Women on Corporate Boards

Posted by M. C. Fox on October 3, 2018

Definition of socialism 

1any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods

2aa system of society or group living in which there is no private property

ba system or condition of society in which the means of production are owned and controlled by the state

 

What group du jour is next?

By Joel B. Pollak

California Governor Jerry Brown signed a bill Sunday that will require companies to meet quotas for the representation of women on corporate boards.

SB 826, authored by State Sen. Hannah-Beth Jackson (D-Santa Barbara), requires any “publicly held domestic or foreign corporation whose principal executive offices … are located in California” to place at least one female member on its board. By 2021, such corporations must have two female board members if they have five directors, and three if they have six.

Only a small percentage of corporations, however, have no female board members. The Wall Street Journal noted Monday: “Among firms in the Russell 3000 Index, which includes most public companies on major U.S. stock exchanges, 485, or 17%, had all-male boards in the second quarter.”…

Be seeing you

Maxine Waters

The face of socialism.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

 
%d bloggers like this: