Sunday, December 30, 2007

SEC helps investors compare top execs' 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.

See full Article.