Disclosures Tag

Increasing diversity is a key initiative at many companies in 2020. This movement goes beyond social responsibility — it can lead to better-informed decision-making, improved productivity, and enhanced value. Congress also has made diversity-and-inclusion a key focal point: Legislation is in the works that would...

Securities and Exchange Commission (SEC) Chairman Jay Clayton recently said that public companies should not be required to disclose information concerning environmental, social, and governance (ESG) matters in their financial statements using a standardized format. Right now, these disclosures are voluntary and unstandardized. ESG issues The SEC...

Starting in 2018, certain public companies must disclose the ratio of their chief executive officer’s annual compensation to that of its ‘median employee.’ The rule allows for significant flexibility in calculating these ratios, leading to widely divergent ratios within the same industry. Therefore, public companies...