https://i1.wp.com/genderpolicyreport.umn.edu/wp-content/uploads/2018/08/newBoard_Member_Roundtable_2007-05-14_079-1.jpg?fit=1200%2C803 803 1200 Debra Fitzpatrick http://genderpolicyreport.umn.edu/wp-content/uploads/2016/12/gendereport.png Debra Fitzpatrick2018-08-21 14:23:352018-08-21 14:23:35Bringing Women to the Table in California’s Corporations
Gender quotas for corporate boards raise the proportion of female directors, because waiting for companies to voluntarily add women to their boards has proven an extremely long-game. In fact, even threatening companies with quotas can boost women’s appointments. As California considers the move, Europe provides evidence of its effectiveness.This August, California could become the first U.S. state to adopt gender quotas for corporate boards. The potentially precedent-setting bill has passed the state Senate, but opposition has emerged as the state Assembly begins deliberations. The deputy editorial editor of the Los Angeles Times referred to the measure as “social engineering at its worst,” and the California Chamber of Commerce argued the bill would reduce efforts to achieve workplace diversity by privileging gender over other identities. But the research is clear: state regulation is the only proven effective tool for speeding up women’s appointment to corporate board positions.