Activist Investing Today: Columbia's Coffee on Board Diversity and Litigation

The Deal by S&P Global · Jun 4, 2019 · 5m

A lawsuit or two challenging California's recently approved board diversity law requirement is likely to emerge, though the proponents of such a challenge may not be immediately apparent. At least that's the view of Columbia Law School Professor John Coffee, who spoke with The Deal for its Activist Investing Today podcast about a new trend of legislators pushing to require corporations headquartered in their states to set up diverse boards. In California, a recently approved law requires one female to be installed on each locally-headquartered, publicly-traded corporate board by the end of…