RegulationCorporate GovernanceSEC helps investors compare top execs’ salaries

SEC helps investors compare top execs' salaries

Data tagging tool enables investors to compare executives' salaries

US investors will be able to compare and contrast executives’ pay packets
after the Securities and Exchange
Commission
launched an online tool linked to the top 500 companies.

The Executive Compensation Reader uses XBRL interactive computer language to
enable comparison of the executives’ salaries.

‘Through its new rules and the power of interactive data, the SEC has
transformed the landscape of compensation disclosure,’ said chairman Christopher
Cox.

‘The result is quicker and better analysis, and better-informed
shareholders.’

The salaries are ‘tagged’ using
XBRL
technology
, and can then be compared through the reader.

The data can also be downloaded into Excel for further analysis.

For more go to
www.sec.gov/xbrl

Further reading:

IASB appoints XBRL
council

US-listeds herded onto
XBRL

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