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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 sta
by pkaye 8y ago
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.
- tyingq 8y agoDepends on your interpretation of "headquartered". The article points out that many companies are headquartered in California, but incorporated in Delaware.
- pkaye 8y agoYes my mistake. I meant incorporated.
- claar 8y agoThe 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.xhtml?bill_id=201720180SB826 https://leginfo.legislature.ca.gov/faces/billTextClient.xhtm...
- commandlinefan 8y agoAnd it would be PR suicide for any of those corporations to re-headquarter any time in the next couple of years, now...
- cwkoss 8y agoWhy is that?
- joeblow999 8y agoI would be impressed if they did so. This law is BS and circumventing it is heroic.
- commandlinefan 8y agoWell, it would look like they were moving headquarters specifically to avoid having to hire women. Whether or not that was actually the case.