Poll: Companies Not Worried About SEC Exec Pay Rule

Law360, New York (March 14, 2006, 12:00 AM EST) -- Despite the newly passed Securities and Exchange Commission rules on executive compensation, most companies are not planning to change their current policies on pay and bonus disclosure, according to a survey by consulting firm Watson Wyatt.

Of the 112 companies polled, 70% said that they do not have plans to change their existing policies regarding executive compensation, although 82% responded that their current disclosures do not provide the information required by the proposed rules.

Earlier this year, the SEC unanimously approved sweeping reforms to the regulations...
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