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What Its Proponents Get Wrong About the CEO Pay Ratio Disclosure
Towers Watson
[Opinion] Aug. 8, 2013 "Some observers are convinced that proxy disclosure of the ratio of CEO pay to that of the average worker will enhance investor understanding of companies' pay practices and philosophies. It won't.... [A] single number cannot reveal if CEO pay is excessive unless it's compared to some measure of the value created, and the Dodd-Frank pay ratio will not do that." MORE >> |
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