At the Mises Wire, a publication of the Mises Institute, Lipton Matthews ponders What Happens When Governments Force Corporate Boards to Appoint More Women? The article begins:
A controversial new law in California requires publicly traded companies headquartered in the state to include at least one woman on their board of directors. Supporters of those types of laws even contend that gender quotas could boost firm profitability. However, the literature indicates that gender quotas are unlikely to enhance firm performance. What is also shocking is that research argues that quotas may actually be damaging to the presumed goal of increasing the role of women on corporate boards.
The text of California's "SB-826 Corporations: boards of directors" is available here.