Canadian Coalition for Good Governance, 21 janvier 2008 - Many Canadian companies still need to improve the way they report executive pay. In their latest score card on executive compensation, the Coalition concluded that while marks are improving many companies still have a lot of work to do to improve their disclosure of executive pay packages.
« Transparency is essential when it comes to communicating the compensation of senior executives to investors. This scorecard is not about levels of compensation, it's about disclosing the process of how compensation is determined » said David Beatty, Managing Director of the Canadian Coalition for Good Governance. « We have seen some improvement in disclosure, but we need to see more. Setting senior executive compensation is the toughest ongoing job a board has to do and investors want, and should know how they arrive at their judgments ».
« Transparency is essential when it comes to communicating the compensation of senior executives to investors. This scorecard is not about levels of compensation, it's about disclosing the process of how compensation is determined » said David Beatty, Managing Director of the Canadian Coalition for Good Governance. « We have seen some improvement in disclosure, but we need to see more. Setting senior executive compensation is the toughest ongoing job a board has to do and investors want, and should know how they arrive at their judgments ».
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