Why full-text press releases are now your enemy
UPDATE: Limelight Networks has responded to this article in the comments below. US INVESTOR relations departments that continue to issue full-text press releases are not only wasting their shareholders’ money, they’re also shooting themselves in the foot by ensuring that their websites will fail to meet “recognized channel” status under the SEC’s new guidance for [...]
SEC building XBRL database for CEO pay
THE U.S. Securities and Exchange Commission (SEC) is pushing ahead with its strategy of building interest in XBRL through niche applications — one of which will let investors compare executive pay across Fortune 500 companies. In a speech to the 2007 Corporate Counsel Institute, SEC chairman Christopher Cox said the commission would tag executive compensation [...]