News: US follows Indian disclosure rule

Strategic HR

US follows Indian disclosure rule

US has proposed a new rule requiring listed companies to disclose the ratio of their CEO pay and median staff salary, a practice already followed in India. While the new rule was proposed by the US markets regulator SEC last night, an exactly similar provision for listed companies in India is already present in the new Companies Act, 2013.

US has proposed a new rule requiring listed companies to disclose the ratio of their CEO pay and median staff salary, a practice already followed in India. While the new rule was proposed by the US markets regulator SEC last night, an exactly similar provision for listed companies in India is already present in the new Companies Act, 2013.

Read the Economic Times news report here.

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Topics: Strategic HR, #Current, #International

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