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It would be interesting to see how this works out over time - perhaps the 'worse' female CEOs bring in their entire networks, which will over time widen the poo
by a_bonobo 8y ago
It would be interesting to see how this works out over time - perhaps the 'worse' female CEOs bring in their entire networks, which will over time widen the pool of potential candidates, which over time will bring in better candidates, leading to better shareholder values?
- gizmo686 8y agoWhat network? This is a macro scale policy because at the macro level there were far fewer women board members then men. Unless you are suggesting that this will attract significant women from outside of California, this mechanism cannot have a net effect. What will probably happen is that there will be some improvement (possibly crossing into the positive) once the women get more experience. The nature of the problem (and timescale of the solution) demanded an influx of inexperienced board members which should smooth out over time.
- ramblerouser 8y agoIf performance worsens over time, would you see it as evidence that women are just less interested in certain jobs?
- gizmo686 8y agoNo. The worsening performance suggests that the pool of women large enough to populate the board seats that the law now requires is less good at doing so then the pool of men they are displacing. Given the limited evidence available, even that statement needs qualifications; however the evidence presented says nothing about why those populations differ. My not entirely thought out belief is that if the issue is interest, we would expect to see less of a performance drop than if the interest was ability [0]. Actually, if performance continues to degrade, that would likely just be a sign that whatever negative effect is being observed takes more than ~3 months to fully materialize. [0] Although, even thinking about this for a moment, I can envision a bunch of situations where this would invert.