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comment by tla
tla  ·  3392 days ago  ·  link  ·    ·  parent  ·  post: S.E.C. Approves Rule on C.E.O. Pay Ratio

This is true, but there is a little more to it.

While this is for public companies, I imagine that there is hope that it will foster social pressure on private companies to be a little more open, much in the same way supply chain transparency and carbon footprint data does.