Mandatory “gender equity” on corporate boards may seem a far-fetched idea, but in one state it soon may become law. Several weeks ago, the California legislature passed a bill, SB 826, that would require every public company headquartered in the state to have at least one woman on its board of directors by the end of 2019. Larger companies also would have to place at least two women on their boards by the end of 2021. There would be stiff fines for noncompliance. The bill awaits the signature of Gov. Jerry Brown (in photo). It’s yet another example of how affirmative action is driven by political shaming, not by sensible economics or constitutional law.
Feminists long have set their sights on breaking the “glass ceiling,” that metaphorical barrier established by male employers to discourage women from advancing to top positions. As a corrective, these activists increasingly are calling for requiring … Read More ➡ “California to Impose Gender Quotas on Businesses?”