What California’s ruling against board quotas means for diversity efforts ...Middle East

Quartz - Economy

While quotas remain controversial in the United States, they do seem to be effective at furthering diversity. The portion of California-based companies with all-male boards, for instance, fell from more than 30% to less than 2% after the state passed a law in 2018 mandating women on boards.But quotas can be tricky from a legal perspective. They “usually get shut down at the level of courts,” says Stephanie Creary, an assistant professor at the Wharton School of Business whose research focuses on diversity and inclusion.And indeed that’s what happened earlier this month to another California law, passed in 2020, which requires publicly traded companies based in the state to have at least one

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Last updated : 08 April 2022 clock 01:15 PM

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What California’s ruling against board quotas means for diversity efforts ...Middle East

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