California is forcing the issue of diversity in corporate America — finally
California’s new law requiring public corporate boards to include women is a necessary wake-up call for all companies. The rule will finally bring the 26 percent of California’s 445 publicly traded companies with all-male boards out of the Dark Ages.
But even more important, it sends a strong message to the whopping 71 percent of start-ups across the globe with all-male boards and to private tech companies, where 74 percent of boards are all-male and 93 percent of board seats are held by men: Change now before it’s too late — before you get regulated and before you must scramble for a more diverse board. (read more)