California just took a crucial step toward increasing the number of women on corporate boards.

by Julia Carpenter   @juliaccarpenterAugust 30, 2018: 5:00 PM ET

State legislators passed a bill Wednesday that would require publicly-traded companies headquartered in California to place at least one woman on their board by the end of next year — or face a penalty. 

Research shows that female representation on boards is key for women’s advancement in corporate America. Women on boards are more likely to consider female leaders for the C-suite and choose more diverse candidates for the board itself.

Read more: https://money.cnn.com/2018/08/30/pf/california-women-company-boards/index.html

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