Efforts to secure gender diversity on corporate boards have reached a new level of intensity. While California politics are unique in many ways, it is quite possible that this bill will spark similar legislative initiatives in other states. Boards should thus anticipate greater public and political discourse on aspects of corporate governance that have traditionally been limited to private boardroom discussion. Regardless of whether the California law is sustained, this emphasis won’t be changing any time soon. The new California law notwithstanding, this process should not be limited to gender diversity.

Source: Forbes October 01, 2018 20:15 UTC