Plain Language and CD&As: Turning a Regulatory Requirement into Clear Shareholder Communication

Four factors in the past few years have had a significant affect on how public corporations think about and communicate executive compensation in their proxy statements’ Compensation Discussion and Analysis (CD&A). First, in 2007, the SEC released a report of its review of proxy statements stating that the Compensation Discussion and Analysis (CD&A) section must help shareholders understand the company’s compensation decisions and policies. In addition, the report emphasized that “the Read more […]