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Goodmans Publications

Executive Compensation Disclosure

November-20-2002

Area Corporate Finance and Securities

Summary


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.


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