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How the Media Should Cover Corporations Now
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Aug. 22, 2019 | OPINION | […] Here’s a suggestion to the business page editors of American newspapers: Now that shareholder value isn’t the be-all and end-all of corporate purpose, you need to supplement your business coverage with indices of more than a corporation’s share prices. How about posting the median wage of its employees, and the ratio of CEO pay to median worker pay alongside the daily share value? How about posting (it’s OK to use abbreviations) whether a particular corporation offers defined benefit pensions (DBFs) or 401(k)s, paid sick days (PSDs—you get the point), paid family leave, and paid vacation time—for starters. How about listing the number of U.S. employees and whether a company is unionized or not?… The American Prospect
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