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California introduces bill to increase board diversity
Author(s) -
Dodds Amy
Publication year - 2020
Publication title -
board and administrator for administrators only
Language(s) - English
Resource type - Journals
eISSN - 1949-3215
pISSN - 1525-7878
DOI - 10.1002/ban.31164
Subject(s) - legislation , diversity (politics) , legislature , representation (politics) , state (computer science) , face (sociological concept) , george (robot) , political science , law , business , public administration , politics , sociology , history , computer science , social science , algorithm , art history
In the wake of the worldwide protests following the death of George Floyd, many companies publicly supported racial diversity and better representation. However, supporting a cause does not always lead to long‐term systemic change. That is why on June 29, 2020, the California State Legislature introduced proposed legislation that would compel publicly owned companies headquartered in the state to increase diversity on their boards or face fines.