-Source-The Guardian-
California has become the first state to require publicly traded companies to include women on their boards of directors, one of several laws boosting or protecting women that Governor Jerry Brown signed on Sunday.
The measure requires at least one female director on the board of each California-based public corporation by the end of next year. Companies would need up to three female directors by the end of 2021, depending on the number of board seats.
The Democratic governor referenced the objections and legal concerns that the law has raised. The California Chamber of Commerce has said the policy will be difficult for companies to implement and violates constitutional prohibitions against discrimination.
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“I don’t minimize the potential flaws that indeed may prove fatal to its ultimate implementation,” Brown wrote in a signing statement. “Nevertheless, recent events in Washington DC – and beyond – make it crystal clear that many are not getting the message.”
It is one of several measures affecting women that Brown signed on Sunday, his last opportunity to approve or veto laws before the term-limited governor leaves office. He also approved legislation requiring smaller employers to provide sexual harassment training and banning secret settlements related to sexual assault and harassment. Read more
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