The SEC’s long-delayed proposal requiring companies to report ties between their financial showing and executive compensation is bringing back corporate jitters that misleading information would cloud shareholder voting.
The Securities and Exchange Commission on Jan. 27 moved to get more public feedback on the “pay-versus-performance” disclosure plan it released in 2015 under the Dodd-Frank Act and shelved in 2017 during the Trump administration.
The proposed rules would make companies use uniform standards, including total shareholder return, in proxy statements that shareholders use to evaluate and vote on executive pay and board directors. The SEC also is considering letting companies showcase ...