/biz/ - Business & Finance

>California Moves to Mandate Female Board Directors
https://www.wsj.com/articles/california-moves-to-mandate-female-board-directors-1535571904

>...publicly traded companies based in the state will need to have at least one woman on their boards by the end of next year and, on boards of five or more directors, two or three women by the end of 2021, depending on the board’s size. Those that don’t would face financial penalties.

>“One-fourth of California’s publicly traded companies still do not have a single woman on their board, despite numerous independent studies that show companies with women on their board are more profitable and productive,” said state Sen. Hannah-Beth Jackson

So at what point does California just eventually take control of all businesses? They're forcing you to do what they feel is "for your own good." What the fuck is wrong with this state?