California’s Effort to Boost Women on Corporate Boards Has Studies Behind It
Variety, October 11, 2018
By Gene Maddaus
Lack of female representation on corporate boards is a notable issue in the U.S. and around the world. To tackle this issue, California Governor Jerry Brown signed a law mandating female representation on corporate boards. While countries like Norway, Germany, France, and Malaysia have similar laws, California became the first state in the U.S. to take that step. The article draws from the 2006 paper, “Critical Mass on Corporate Boards,” co-authored by Vicki Kramer, Alison Konrad and Sumru Erkut, a senior scholar at the Wellesley Centers for Women, which concluded that it takes three female members on a corporate board to make a real impact on decision-making and governance. The final version of the bill appears to have been influenced by their findings, as it set a minimum of three female board members for boards of six or more by 2022.