SEC Gathering Public Input on Wage Disparities Between CEOs and Employees
There are strong opinions whether companies should reveal details of their CEOs compensation, stock options, and other perks. Reuters reports that the U.S. Securities and Exchange Commission is sharply divided on the matter. “With CEOs of many U.S. companies earning hundreds of times more than their workers, unions and labor advocates are championing the SEC’s CEO pay-ratio rule,” writes journalist Sarah Lynch. “They say disclosures would help investors identify top-heavy compensation models.” But the U.S. Chamber of Commerce and other business groups oppose the measure, claiming it will be of little use to investors.
http://www.reuters.com/article/2013/09/18/us-usa-sec-ceopay-munis-idUSBRE98H0EX20130918