*By Bridgette Webb* Corporate boards are often much smaller than the companies they serve, but their importance shouldn't be underestimated, said Ăsa Regnér, UN Women's deputy executive director. "Boards influence people's lives, so it's really important who is on those boards," Regnér said Monday in an interview on Cheddar. That is perhaps why California just passed new legislation that requires public companies in the state to have at least one woman on their boards by the end of 2019. By 2021, a minimum of two women must sit on boards of five or more; three, when boards have more than six people. For Regnér, it's about corporate America leading by example. "I think these kinds of legislation are normally really good," she said. It's important "to ask people to actually shape up and do something about the injustice that we see." But the law didn't sail through without opposition. Many argued it's not the government's right to dictate a company's board, and others argued the law may prioritize gender over other critical kinds of diversity ー like race and ethnicity, for example. Regnér disagreed. "There is already a quota going on, but it is an informal quota which favors men with a certain background," she said. "I don't think there is a contradiction to other backgrounds, this is one step I don't think \[demographics\] should fight each other." For full interview [click here](https://cheddar.com/videos/%20Fostering%20an%20Unstereotyped%20Culture).

Share:
More In Politics
Speaker McCarthy Vows to Pass Debt Bill — But Can He Do It?
House Speaker Kevin McCarthy pledged Monday to pass legislation to raise the nation's debt ceiling — but only on condition of capping future federal spending increases at 1% — as he lashed out at President Joe Biden for refusing to engage in budget-cutting negotiations to prevent a debt crisis.
Rep. George Santos Announces Reelection Bid
U.S. Rep. George Santos, the New York Republican whose lies about his background and wealth helped propel him into office, announced Monday that he's running for reelection.
Kamala Harris Rallies as High Court Eyes Abortion Pill Rules
Vice President Kamala Harris on Saturday urged Americans to take action during “a critical point in our nation’s history” as thousands of protesters demonstrated across the country against new limits to abortion rights making their way through the courts.
Load More