A battle over gender pay equity is looming in Silicon Valley.
An investment management firm is launching proxy fights to force some of the country’s biggest technology firms to disclose pay equity disparities between women and men employees. Arjuna Capital, in partnership with financial advisory firm Baldwin Brothers Inc., is hoping to expose embarrassing pay gaps and force tech companies to take concrete steps to correct them.
Arjuna filed shareholder proposals at nine technology firms, ranging from Amazon to Facebook, requesting the issue be put to a proxy ballot.
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