Saturday, June 25, 2011

Business Group: Public Companies Shouldn’t Have to Compare CEO and Worker Pay

Business Group: Public Companies Shouldn’t Have to Compare CEO and Worker Pay: "

Here’s one financial figure some big U.S. companies would rather keep secret: how much more their chief executive makes than the typical worker.


Now a group backed by 81 major companies — including McDonald’s, Lowe’s, General Dynamics, American Airlines, IBM and General Mills — is lobbying against new rules that would force disclosure of that comparison.




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