David Yosifon has an opinion piece in the San Francisco Chronicle, which argues that failing to address the “shareholder-first” corporate culture will dilute the effectiveness of new minority and women board membership statutes in California. Read the op-ed.

“Without reform of our foundational corporate governance law, California’s diversity statutes represent (brace yourself) capitalism’s commodification of diversity, equity and inclusion, and a capture of gender and racial justice impulses in the service of the shareholding class, rather than genuine reform.”