Survey Results: Disclosure Controls and Disclosure Committees
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| This quick survey
relates to the latest disclosure controls and disclosure committee
trends. This new survey supplements the 2005
survey on disclosure committees.
 1. Does your company have a formalized, written set of
"Disclosure Controls & Procedures"? (Total responses: n=36)
(select only one)
|
| n=24 (66.67%) |
Yes |
| n=12 (33.33%) |
No |
2. Have your
company's Disclosure Controls & Procedures been formally updated and
revised in the last year? (Total responses: n=36)
(select only one) |
| n=11 (30.56%) |
Yes |
| n=10 (27.78%) |
No formal changes, but there have been some informal changes
during the last year |
| n=15 (41.67%) |
No, there have been no changes in the last year |
3. Does your
company have a Disclosure Committee Charter? (Total responses:
n=36)
(select only one) |
| n=21 (58.33%) |
Yes |
| n=15 (41.67%) |
No |
| n=0 (0.00%) |
We don't have a formal Disclosure Committee |
4. If there is a
formal Disclosure Committee, who is the chairman of the Disclosure
Committee? (Total responses: n=35)
(select only one) |
| n=5 (14.29%) |
General Counsel |
| n=2 (5.71%) |
Securities Counsel |
| n=11 (31.43%) |
CFO |
| n=1 (2.86%) |
COO |
| n=9 (25.71%) |
Controller |
| n=0 (0.00%) |
Corporate Secretary |
| n=7 (20.00%) |
Other (please specify) |
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