man offering cash A study of CEO pay ratio by Pearl Meyer found that industry has an impact on the size of the ratio between CEO and median employee pay. (Photo: Shutterstock)

A new study on CEO pay ratios acknowledges that some see the disclosure requirement as a way to change what can be a massive gulf between CEO pay and median employee pay at a company. But it advises boards of directors against using results to change compensation programs.

It also cautions against comparing companies and their CEO and median employee pay.

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