Please summarize and analyze the case. Please be unique and plagiarized, and copy from other Chegg answers.

Section 953(b) of the 2010 Dodd-Frank Wall Street Reform and rank-and-file workers lead to poorer firm performance and Consumer Protection Act requires covered companies due to perceptions of inequity and the negative effects that to report the ratio of annual total compensation of the chief has on worker morale and productivity. There is also a feel- executive officer (or any equivalent position) to the medianing that when CEOs get paid as much as they do, too much of the annual total compensation of all other employees. In credit goes to them for a firm's success and not enough to August 2015, the Securities and Exchange Commission other employees. (SEC) provided rules for companies to follow in computing Many companies see things differently. David Hirschmann, and reporting the ratio. However, following the President head of the U.S. Chamber of Commerce's Center for Capital Trump's election, on February 6, 2017, the acting chairman Markets, says the ratio is not meaningful or helpful to invest- of the SEC stated "I have ... directed the staff to reconsider tors and will instead be used as "a political tool to attack com- the implementation of the rule" until the SEC receives fur- panies." Companies argue that with a global workforce and ther public input. As such, the future of the rule is different payroll systems in different countries.computing the uncertain. ratio is much more difficult than it would seem. For example, Supporters of the rule, such as the AFL-CIO labor organi- the consulting firm Accenture has 246,000 employees in zation, argue that reporting the ratio will help rein in what it 120 countries and a variety of payroll systems (and defini- sees as exorbitant and growing) levels of executive pay, espe- tions of pay in different countries). Jill Smart, head of cially when compared to what has happened to worker pay. human resources at Accenture, says that the work required According to an analysis of S&P 500 firms by the AFL-CIO, to compute the ratio of CEO to worker pay would be quite the ratio of CEO pay to typical U.S. worker pay rose from 42 incredible." in 1980 to 380 more recently. Other companies, however, are already doing it and have The AFL-CIO and other supporters of the rule hope it done so for years. They say it is not that difficult or costly. will also encourage boards of directors to consider whether Whole Foods, for example, capped the ratio of executive to worker pay, which has grown more slowly than inflation front-line worker pay at 19 about a decade ago. Mark Ehrnstein, (and as indicated above, much more slowly than CEO a vice president there, says that it does not take months, but pay), should be higher. The AFL-CIO also argues that rather a few days, and that it does not cost millions of dollars" research shows that larger pay differentials between CEOs to calculate the ratio.