Salon: What are Wal-Mart & eBay hiding? Shareholders demand transparency about the gender pay gap

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Shareholders want to force the mega-retailers to disclose pay disparities. It'll be an uphill battle

Shareholders at eBay and Wal-Mart have filed proposals that would require the companies to disclose pay disparities between male and female employees. Unsurprisingly, both of the mega-retailers have balked at the idea.

The eBay proposal was filed by Arjuna Capital, the sustainable wealth platform of Baldwin Brothers Inc. “The eBay proposal is clearly in the interest of enhancing shareholder value,” Natasha Lamb, director of equity research and shareholder engagement at Arjuna Capital, said last week in a statement. “Gender diversity is a key driver of innovation and performance, factors of particular importance to the tech industry.”

 

Read the rest of this article at Salon.

Gender Pay Equity, Shareholder EngagementArjuna CapitaleBay, gender pay equity, Paycheck Fairness Act, Salon, shareholder activism, shareholder resolutions, technology, women