TIAA-CREF urges companies to report options as expenses
The Teachers Insurance and Annuity Association-College Retirement Equities Fund (TIAA-CREF), the single-biggest pension-fund manager for academe and research, is pushing the companies in which it invests for more complete and clear financial reporting. TIAA-CREF has urged 1,754 major corporations to account for all stock options as expenses in their financial statements, rather than as merely […]