Bill Could Force Publicly Traded Companies to Include Women on Boards

August 27, 2018 - 5:16 pm

(KNX 1070) - California lawmakers vote on a bill this week that would force publicly traded companies in the state to have women on their board of directors.

It's a measure that doesn't have the backing of the California Chamber of Commerce and other companies.

The Chamber's Jennifer Barrera says they see many legal challenges to the bill if it becomes law.

However, Senator Hannah Beth Jackson says the bill allows for the creation of an additional board seat so no one is forced off.  She adds the bill would require public companies in the state to have at least one woman on their board of directors by 2019 or face penalties.

KNX reporter Karen Adams:

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