JOURNAL ARTICLE
How Proposed SEC Disclosure Requirements Could Help Workers: The SEC has an opportunity to increase transparency, efficiency, and fairness in the U.S. labor market.
Published In: Harvard Business Review Digital Articles, 2024. P. 1 1 of 3
Database: Business Source Ultimate 2 of 3
Authored By: LaViers, Lisa 3 of 3
Abstract
The article discusses how proposed SEC disclosure requirements have the potential to improve transparency, efficiency, and fairness in the U.S. labor market. Currently, there is a lack of meaningful transparency in the labor market, with limited information available about working conditions. However, investors are now demanding more visibility into labor practices, and the SEC is considering new disclosures on human capital management. If designed correctly, these disclosures could provide workers with valuable information to make informed decisions about their careers and negotiate for better conditions. The article suggests that the SEC should ensure the disclosures are easy to find, understand, and trust, and should include granular information relevant to labor market participants. While there may be concerns and costs associated with implementing these requirements, the potential benefits for American workers make it a worthwhile endeavor. [Extracted from the article]
Additional Information
- Source:Harvard Business Review Digital Articles. 2024/10, p1
- Document Type:Article
- Subject Area:Law
- Publication Date:2024
- Accession Number:180243711
- Copyright Statement:Copyright 2024 Harvard Business Publishing. All Rights Reserved. Additional restrictions may apply including the use of this content as assigned course material. Please consult your institution's librarian about any restrictions that might apply under the license with your institution. For more information and teaching resources from Harvard Business Publishing including Harvard Business School Cases, eLearning products, and business simulations please visit hbsp.harvard.edu. (Copyright applies to all Abstracts.)
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