On February 20, 2026, the Massachusetts state government announced new regulations aimed at increasing corporate accountability and transparency within the state. The changes, which were proposed by Governor Emily Thompson and approved by the state legislature, are set to have far-reaching implications for businesses operating in the Bay State.One of the key components of the new regulations is the requirement for all publicly traded companies in Massachusetts to disclose the ratio of CEO pay to the median employee salary. This move is seen as a way to promote more equitable compensation practices within companies and to shed light on potential disparities between executive and worker pay.Additionally, the new regulations also mandate that all companies with more than 100 employees establish a board diversity policy. This policy must include specific goals for increasing diversity among board members, including representation from women, racial and ethnic minorities, and other underrepresented groups. Companies will be required to report on their progress towards meeting these goals on an annual basis.Governor Thompson hailed the new regulations as a step towards promoting greater accountability and fairness in the corporate sector. "These changes are aimed at creating a more level playing field for workers and promoting diversity in company leadership," she said in a statement. "By increasing transparency and holding companies accountable for their practices, we are working towards a more just and equitable economy for all Massachusetts residents."Business leaders in the state have expressed mixed reactions to the new regulations. While some have voiced support for the increased transparency and accountability measures, others have raised concerns about the potential burden of compliance and the impact on their bottom line. However, many have acknowledged the importance of promoting diversity and fair compensation practices within companies.Overall, the new regulations signal a significant shift in Massachusetts corporate law towards greater accountability and transparency. It remains to be seen how businesses will adapt to these changes and what impact they will have on the state's economy in the years to come.