California Senate Bill No. 826: List of Non-Compliant Firms
4 Pages Posted: 5 Feb 2020
Date Written: January 13, 2020
We find that 16 firms are not in compliance with California Senate Bill No. 826 (SB 826), which requires all publicly held companies that trade on a major exchange with principal executive offices in California to have at least one female director on their board. The names of non-compliant firms and the location of their principal executive offices are provided in Table 1. To verify compliance, we search SEC filings and company websites. Statistics are provided as of January 13, 2020.
Keywords: Boards of directors, Female directors, Gender diversity, Gender quota, Corporate Governance, Regulation
JEL Classification: G34, G38, G14, K22, J20, J21
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