Executive Compensation Disclosure
|Area||Corporate Finance and Securities|
Recently, the Canadian Securities Administrators, an umbrella group of the country’s thirteen securities regulators, released a report reviewing executive compensation disclosure in Canada. The Report reviewed executive compensation disclosure in management information circulars of 76 companies with varying revenues and in a variety of industry sectors from May to September 2002. The review was undertaken because of a concern of the CSA that issuers were still not providing comprehensive disclosure about how executive compensation was determined.