News for hackers. Stuff that matters.
Re:Governor signs bill requiring California corporate boards... by pkaye on Wednesday October 03, 2018 @03:50PM (#18134133)
I've read that only like 90 corporations are headquartered in CA for which this law is applicable. Most of the others are headquartered in Delaware or other states. One exception I've heard of is Apple.
Re:Governor signs bill requiring California corporate boards... by tyingq on Wednesday October 03, 2018 @03:52PM (#18134167)
Depends on your interpretation of "headquartered". The article points out that many companies are headquartered in California, but incorporated in Delaware.
Re:Governor signs bill requiring California corporate boards... by claar on Wednesday October 03, 2018 @04:04PM (#18134309)
The text of the bill defines this:

whose principal executive offices, according to the corporation’s SEC 10-K form, are located in California

https://leginfo.legislature.ca.gov/faces/billTextClient.xhtm...

Re:Governor signs bill requiring California corporate boards... by pkaye on Wednesday October 03, 2018 @03:59PM (#18134261)
Yes my mistake. I meant incorporated.
Re:Governor signs bill requiring California corporate boards... by commandlinefan on Wednesday October 03, 2018 @03:57PM (#18134224)
And it would be PR suicide for any of those corporations to re-headquarter any time in the next couple of years, now...
Re:Governor signs bill requiring California corporate boards... by cwkoss on Wednesday October 03, 2018 @05:16PM (#18134883)
Why is that?
Re:Governor signs bill requiring California corporate boards... by joeblow999 on Wednesday October 03, 2018 @11:50PM (#18137028)
I would be impressed if they did so. This law is BS and circumventing it is heroic.
Re:Governor signs bill requiring California corporate boards... by commandlinefan on Thursday October 04, 2018 @10:01AM (#18139938)
Well, it would look like they were moving headquarters specifically to avoid having to hire women. Whether or not that was actually the case.