Mandating boardroom diversity can narrow the opportunity gap for women
by Brian Bolton
Kudos to California, where the state governor, Jerry Brown, recently signed into law new requirements for companies headquartered in the state to include more women on their boards. The law will force heavyweights such as Apple, Facebook, Tesla, and Alphabet (Google) to revamp their boards to comply.
Supporters believe increasing board diversity is important for both social and economic reasons; that a more diverse pool of directors creates a better board, with different and more innovative perspectives. Opponents of the law question its efficacy, saying it’s like treating a symptom rather than the disease. But because it’s human behavior that we’re trying to change in this case, treating the symptom can be a big first step towards treating the disease.