The Vagina Mandate-ologues
California state Sen. Hannah-Beth Jackson wants more women on corporate boards of directors, and instead of doing what freedom-loving people do -- trying to persuade people to do things differently -- she wants to force corporations to do her bidding.
The LA Times editorial board writes:
So, joined by Senate President Pro Tem Toni Atkins (D-San Diego), she has steered a bill (SB 826) through her chamber this week that would require any California-based corporation that sold stock on a major U.S. exchange to have at least one woman on its board of directors by the end of next year. The vote was 22 to 11.
Members of the editorial board weighed in. I'll post a few of their comments. I liked this first one on how clueless she is:
Jon Healey: This is social engineering at its worst, but so what else is new in Sacramento? Jackson doesn't seem to understand that selling shares of stock is just a way to finance a company, not to create a host of public-interest obligations. Plus, the bill's quota of at least one female board member will become a ceiling at a lot of firms, not a floor.
Here's Carla Hall -- leaping to the conclusion that having women on boards is "respectable" and important:
Carla Hall: But the number of women directors is so low, this is the only way to get even a respectable number of women on boards in a reasonable amount of time. And I would guess that companies that reach the quota, breathe a sigh of relief and stop looking for women to add to their boards are the ones that weren't looking very hard, if at all, for women directors before the bill came into being.
Nick Goldberg:
Nick Goldberg: I understand the problem here. But what legal right does the government have to tell the private sector whom to hire or whom to put in management or whom to put on its boards? Would we support a law that said 30% of McDonald's burger flippers should be women? Or 30% of L.A. Times reporters?
I don't understand the problem here. Why do we need to have people of a particular sex, in particular, on corporate boards? Nobody has explained that.
Healy:
Improving those numbers will take a concerted effort to remove the barriers deterring women from attaining the same posts as men, whether it be issues with education, work schedules or some other factors.
Another person not understanding that what "deters" women from "the same posts as men" is often a greater desire for a work-life balance.
Force the biddies to take those jobs!








NYC has 31 official genders. How can you require a woman but not require the dozens of others. So next time it will be you must have a transgender, or androgynous, then a non-binary and then an ?? attack helicopter on the board.
Of course the easy way around this for companies is, have board members say, "I self identify as ???" Problem solved.
Joe J at June 4, 2018 10:27 PM
Joe, that's hilarious. And right on.
Amy Alkon at June 5, 2018 6:28 AM
Another easy workaround would be for corporations to re-domicile themselves into some other state. Which will save them money, too. Let California sink into the swamp, we're outta here!
jdgalt at June 5, 2018 6:35 AM
Words fail me.
Jay at June 5, 2018 7:13 AM
I like jdgalt's suggestion.
Maybe my understanding of what the board of directors of most companies do is wrong, but I always thought that they attend an occasional board meeting, do some voting, and rubber stamp the CxO level decision making. Or vote to remove parts or all of the CxO level decision makers. Or to vote on replacements.
And get paid 6 figures for that. It's a gig I'd like to try on for size, and I'll declare myself a female if that will help.
And typically, it isn't just some random woman on the street, it'll be someone famous, maybe a Chelsea Clinton, or maybe Angelina Jolie.
Another thing: once you're on one BoD at some company, it is more likely you'll be invited to join another. Just got to make sure their meetings don't overlap.
I R A Darth Aggie at June 5, 2018 7:17 AM
Corporations don't decide who gets to be on the board of directors. That decision is made by the shareholders in the democratic process of voting.
Persons who want to serve on a board are nominated. Boards are selected annually with proxies mailed out to shareholders or by vote at a shareholders annual meeting. There are always candidates who lose.
Maybe Hannah Beth Jackson should submit a bill requiring shareholder/voters to vote for the female candidate. Success probability of that: snowball in Hell
Nick at June 5, 2018 7:27 AM
Nick - "Persons who want to serve on a board are nominated."
"I don't care who does the electing, so long as I get to do the nominating." Boss Tweed
Jackson is probably taking clues from the DNC where super delegates and behind the scenes influences have a huge impact on making sure only the "correct" people get nominated. Have 4 open spots on the board, make sure only 3 men are nominated and you will have at least one woman elected.
Joe J at June 5, 2018 9:39 AM
So what is the penalty if the vagina goal isn't met? Do they fine each stockholder for not voting the proper way?
Jay at June 5, 2018 11:07 AM
What studies?
And do these alleged studies credibly link the presence of women on the board to profitability; or is this another correlation ≠ causation logical fallacy? Large companies that are profitable tend to have women on their boards - hence the misapplication of correlation into the thinking that having women on boards must lead to profitability.
We've got to stop letting sociology majors think they know how to use statistics.
Conan the Grammarian at June 5, 2018 12:17 PM
And once again we are reminded of women's inherent inferiority. By those trying to "help" them.
Can you say "token"? I thought you could.
With friends like Hannah-Beth Jackson, women don't need enemies.
Jay R at June 5, 2018 12:35 PM
"So what is the penalty if the vagina goal isn't met? Do they fine each stockholder for not voting the proper way?"
They'll probably do what often happens in Europe: the government grants itself a "super share" in the corporation, which allows it to out-vote the shareholders. (And, in practice, the super share is usually controlled by company insiders, so that they perpetrate the old-boys club, while allowing some token women in. As long as said women understand that they are there for image, and need to keep their mouths shut unless they are espousing feel-good political correctness.)
Cousin Dave at June 5, 2018 1:26 PM
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