A report issued by a United Kingdom government commission advises British financial leaders to disclose their pay to the public, in addition to other policy suggestions.
A report issued by a United Kingdom government commission advises British financial leaders to disclose their pay to the public, in addition to other policy suggestions, according to the New York Times. The 142-page report also addresses issues pertaining to the avoidance of future financial crises, including risk controls and compensation oversight.
Among other points of advice, the report suggests that companies disclose the pay of those executives whose compensation exceeds that of the companies’ directors. Such disclosure would not include names.
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