Reconsidering the CEO pay ratio rule is consistent with the SEC's mission to focus on rules that protect investors, maintain fair and orderly capital markets and facilitate the creation of long-term shareholder value.
U.S. corporations employ millions of American workers, create opportunity for employees and shareholders, drive innovation, improve the lives of consumers, and provide health care and other benefits to American families. The way corporations are governed directly affects the well-being of employees, shareholders and consumers.
Business Roundtable advocates for corporate governance policies that help create long-term value, advance the economic interests of workers, shareholders and consumers, and uphold the highest ethical standards.
Recent Activities in Corporate Governance
[The] proposed rules will disenfranchise shareholders, increase the costs of contested elections to the detriment of shareholder value, and further shift power and influence to shareholders driven by special interests and largely unregulated proxy advisory firms.
Business Roundtable today issued a new report that proposes specific solutions to improve the outdated shareholder proposal process.
America’s top CEOs detail how the shareholder proposal process has fallen out of step with corporate decision-making and capital markets today.
Business Roundtable President Details Solutions for Advancing Long-Term Economic Interests of Shareholders, Employees and Consumers