California Senate Bill No. 826: List of Non-Compliant Firms

4 Pages Posted: 5 Feb 2020

See all articles by Daniel Greene

Daniel Greene

Clemson University

Vincent Intintoli

Clemson University, Department of Finance

Kathleen M. Kahle

University of Arizona - Department of Finance

Date Written: January 13, 2020

Abstract

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

Suggested Citation

Greene, Daniel and Intintoli, Vincent and Kahle, Kathleen M., California Senate Bill No. 826: List of Non-Compliant Firms (January 13, 2020). Available at SSRN: https://ssrn.com/abstract=3514041 or http://dx.doi.org/10.2139/ssrn.3514041

Daniel Greene

Clemson University ( email )

101 Sikes Ave
Clemson, SC 29634
United States

Vincent Intintoli (Contact Author)

Clemson University, Department of Finance ( email )

Clemson, SC 29634
United States
864-656-2263 (Phone)

Kathleen M. Kahle

University of Arizona - Department of Finance ( email )

McClelland Hall
P.O. Box 210108
Tucson, AZ 85721-0108
United States
520-621-7489 (Phone)

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