Disclosure Committees (June-July 2004)
Survey Results
 1. Our company: (Total responses: n=113)
(select only one) |
| n=108 (95.58%) |
has a disclosure committee |
| n=5 (4.42%) |
doesn't have a disclosure committee (if you check this box, you are done) |
2. Our disclosure committee has: (Total responses: n=108)
(select only one) |
| n=28 (25.93%) |
more than 10 members |
| n=20 (18.52%) |
between 8-9 members |
| n=31 (28.70%) |
between 6-7 members |
| n=24 (22.22%) |
between 4-5 members |
| n=5 (4.63%) |
has less than 4 members |
3. Our disclosure committee has the following types of members (Total responses: n=108)
(select all that apply, may total more than 100%) |
| n=30 (27.78%) |
CEO |
| n=65 (60.19%) |
CFO |
| n=93 (86.11%) |
Controller |
| n=81 (75.00%) |
General Counsel |
| n=75 (69.44%) |
Securities Counsel |
| n=40 (37.04%) |
Compliance or Risk Management |
| n=87 (80.56%) |
Investor Relations Officer |
| n=53 (49.07%) |
Internal Auditor |
| n=50 (46.30%) |
Officer from a Business Unit |
| n=47 (43.52%) |
Other |
4. Due to the time pressures from the upcoming 8-K rules, our company: (Total responses: n=106)
(select all that apply, may total more than 100%) |
| n=3 (2.83%) |
Will likely, or already has, reduce the size of our disclosure committee |
| n=3 (2.83%) |
Will likely, or already has, change the composition of our disclosure committee |
| n=17 (16.04%) |
Will likely, or already has, formed a new committee to handle 8-K disclosures (a committee that is separate from the disclosure committee) |
| n=84 (79.25%) |
Will likely keep the size and composition of our disclosure committee the same |
|
|
Return to TheCorporateCounsel.net Home
|
