VOX: California just passed a law requiring more women on boards. It matters, even if it fails.
By Emily Stewart
Women are dramatically outnumbered on the boards of directors for the nation’s biggest companies. California just passed a law trying to change that.
On Sunday, Democratic Gov. Jerry Brown signed California Senate Bill 826, which requires publicly held companies based in California to have a minimum of one woman on their boards of directors by the end of 2019. From there, women’s representation will have to increase: By the end of July 2021, companies have to have at least two women on boards of five members and at least three women on boards with six or more.