Monday, August 28, 2006

New Book Addresses Executive Compensation Rule Changes

The SEC has completed the most sweeping overhaul of executive compensation and related party transaction disclosure in fourteen years. The revision puts in place a principles-based disclosure regime designed to give investors the information they need on executive compensation to make informed investment decisions and demystify any related transactions between executives and their companies. The new rules also enhance and consolidate into one item director independence and related corporate governance disclosure requirements. I have written a Law and Explanation book offered by CCH on these developments that I believe will be a valuable guide and reference to the new regulatory regime. The book examines in detail the revisons to executive compensation and related-transaction disclosure.