KATIE COURIC CLAUSE
Named after Katie Couric, a highly-paid television host, it is a proposed provision of the Securities and Exchange Commission (SEC) that would require public companies to disclose the salaries of not only its top executives, but also the compensation paid to top earning non-executives, actors, directors, and newscasters.
Katie Couric, former Today Show host, became CBS’s highest paid TV anchor in April 2006, with a salary of $15 million salary over five years.
SEC has not implemented the rules as of July 26, 2006 but agreed they need to monitor the compensation of top non-executives.
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Confining Condition
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Positive Correlation
A relationship between two variables in which both variables move in tandem. A positive correlation exists when as one variable decreases, the othe ...
Profit-Sharing Plan
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Random Walk Theory
A theory stating that securities or market prices are random and not influenced by previous events. This theory is also known as the "weak for ...
Expectations Theory
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