Course Solutions Uncategorized California S Mandate Requiring Women Corporate Boards Qualitative Changes Expect See Gover Q34245309

California S Mandate Requiring Women Corporate Boards Qualitative Changes Expect See Gover Q34245309

With California’s mandate requiring women on corporate boards, whatqualitative changes do you expect to see from a governancestandpoint at Amazon ?

Expert Answer


California Senate Bill 826 mandates that publically tradedcompanies headquartered in California will need to have at leastone woman on their board of directors by 2019 end. From then on,the women representation has to increase to two in a five-memberboard by July 2021 and at least three women if the board ofdirectors is six or more. The companies which fail to comply willhave to pay fines. It is estimated that 377 California basedcompanies will have to make some changes.

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