Executive compensation is about to become a hot topic, due to the SEC's proposed overhaul to the requirements for executive compensation disclosure. Now the method by which executives get to a particular level or form of compensation is as important as how much they receive. The proposed SEC rules, much like SOX, are simply the latest reaction to the perceived failings of corporate directors. Corporations need to prepare to follow these rules sooner rather than later, says attorney Gary M. Brown.
June 30, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
With the Enron (Lay/Skilling) trial having concluded and the business community eagerly anticipating more reports recommending SOX �404 relief for smaller companies, executive compensation issues seem far removed, except for the occasional (or not so occasional) headline. Don’t be lulled, however, into a false sense of security. Executive compensation is about to take center stage as THE latest “corporate governance” topic.
SEC OVERHAUL
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