X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The decision by the Securities and Exchange Commission in late December to amend how public companies report executive compensation continues to provoke a maelstrom of criticism by investors–despite the fact that more than a month has passed since the SEC announcement. In a Jan. 25 comment on the amended rules, the Council of Institutional Investors (CII)–an association of public, corporate and union pension funds representing more than $3 trillion in assets–writes to express its “disappointment” that CII’s comments and the comments of other investors can have no impact on the amended rules applicable to the 2007 proxy disclosures since the amended rules became effective on Dec. 29, 2006. The new amended rules permit companies to report the compensation cost of stock and option awards over service periods rather than calculating and disclosing their full present value at grant date.

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.