's SB 826 seeks to remedy this situation by imposing penalties on publicly traded corporations with headquarters in …-identified women directors. While well intentioned, this legislation will not achieve its intended effect because it is … unconstitutional as applied to the vast majority, if not all, of publicly held corporations headquartered in California. The internal …

We present evidence on the way personal and institutional factors could together guide public company directors in … decision-making concerning shareholders and stakeholders. In a sample comprising more than nine hundred directors originating … from over fifty countries and serving in firms from twenty three countries, we confirm that directors around the world hold …