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California just became the first state to require publicly traded companies to have women on their boards of directors, according <a href="https://www.foxbusiness.com/markets/california-is-1st-state-to-require-women-on-corporate-boards?utm_source=1851franchise.com&utm_medium=article&utm_campaign=california-becomes-first-state-to-require-women-on-corporate-boards-2708025" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">to a Fox Business report</a>.

The measure was signed by California governor Jerry Brown on Sunday and requires the presence of at least one female director on the board of California-based public corporations by the end of 2019, according to the article. 

&quot;I don&#39;t minimize the potential flaws that indeed may prove fatal to its ultimate implementation,&quot; Brown wrote in a signing statement, according to the article. &quot;Nevertheless, recent events in Washington, D.C. &mdash; and beyond &mdash; make it crystal clear that many are not getting the message.&rdquo;

Read <a href="https://www.foxbusiness.com/markets/california-is-1st-state-to-require-women-on-corporate-boards?utm_source=1851franchise.com&utm_medium=article&utm_campaign=california-becomes-first-state-to-require-women-on-corporate-boards-2708025" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">the full report at Fox Business</a>. &nbsp;

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California Becomes First State to Require Women on Corporate Boards

1851 Franchise

Publicly traded companies must have at least one woman on their boards of directors. 


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