Disclose pay, say investors
LONDON – Investors are demanding more complete disclosure of the compensation of corporate CEOs, according to Congressional testimonies to the financial services committee by investor organisations.
Testifying on "Protecting investors and fostering efficient markets: A review of the SEC agenda", investor groups urged the SEC to require companies to disclose details of all compensation programmes used to remunerate their executive officers.
Valuation of total compensation figures, options and retirement benefits, and the potential severance agreements is very complex, so some argue that they should not be disclosed because they might not be fairly valued.
"But such disclosure enables
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