It’s not the end of the world by any means, but board diversity efforts now may require more leadership support going forward.
There’s an open question of whether the state will appeal the ruling . There’s also a question over the fate of the challenge to the 2018 Law. Until then, boards are left with the summary judgment decision and its uncertain implications for the efforts of California, and other states, to mandate diversity requirements for corporate boards. And there’s a similar uncertainty with the challenges to NASDAQ’s new board diversity rules.
But it is to suggest that if corporate boards are to vigorously pursue diversity across the spectrum – as all statements of governance principles recommend – they are best to rely on their own initiative to do so, rather than to rely on government to require that they do so. They’ve got to make it happen – and that might require several steps.
Second is to pass on criticizing the Superior Court’s decision as “out of the mainstream” or marginalizing because it was a trial court. The plaintiff’s constitutional arguments weren’t totally absurd; the “equal protection” theme is going to arise when legislatures pursue measures that resemble in some sense a “quota” arrangement. The opinion was lengthy and thoughtful, and merits consideration by governance observers.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Opinion | New Zimbabwean Board Member Will Not Diversify Gates Foundation's Approach to African Agriculture'Masiyiwa played a central role in the Gates Foundation-funded Alliance for a Green Revolution in Africa (AGRA), which promotes a destructive model of US-style industrial agriculture.'
Read more »
All of us have a place in helping vulnerable Utah kids, Editorial Board writesEditorial Board: The types of mental health services and anti-bullying training that has been recommended for the Davis School District in the wake of Izzy Tichenor's death should be universal, in schools, universities, workplaces and families.
Read more »
The all-civilian Ax-1 crew is now on board the ISSSpaceX's Axiom Mission 1 astronauts now are aboard the International Space Station following Crew Dragon’s hatch opening at 10:13 a.m. EDT, Saturday, April 9.
Read more »
Tesla CEO Elon Musk won’t join Twitter’s board after allTwitter’s largest investor, billionaire Elon Musk, is reversing course and will no longer join the company’s board of directors less than a week after being awarded a seat.
Read more »
Elon Musk not joining Twitter's board of directorsThe news followed a weekend of Musk tweets suggesting possible changes to Twitter, including making the site ad-free.
Read more »
Twitter CEO: Elon Musk Has Decided Not to Join Board of Directors'Elon has decided not to join our board. I sent a brief note to the company, sharing with you all here,' Parag Agrawal tweeted Sunday night.
Read more »