US SEC proposes asking companies to say why CEO pay and performance often don’t match up | Malay Mail

WASHINGTON, Jan 28 — Public companies in the United States would be required to disclose how the pay of their top executives squares with their overall performance under a Securities and Exchange Commission rule proposed on Thursday.

Wednesday’s rule, which must first receive public consultation before it can take effect, also asks whether companies should spell out whether pretax net income and net income would be useful additional financial metrics. The move also comes amid a push by President Joe Biden’s administration to force listed companies to review working conditions, pay equity, hiring and retention policies.

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Tokyo stocks open higher after mixed US close | Malay MailTOKYO, Jan 27 ― Tokyo stocks opened higher in cautious trade today following a mixed close on Wall Street after Fed Chair Jerome Powell signalled an interest rate hike is likely in March. The benchmark Nikkei 225 index was up 0.39 per cent or 105.37 points at 27,116.70 in early trade, while the...
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