Note: Our Committee Oversight Textual Structures are in beta testing - for early access, please contact support. The online documentation is in active development, and parts may be unavailable/incomplete.
This textual structure captures a representation of determinations of committee and manager independence and financial literacy. Details include both who the determination was made by and who it is about and the basis by which it was made.
Specification
| Property | Type | Comments |
|---|---|---|
| WHO | List: BOARD, COMMITTEE, PERSON_NAME | A list of who the attendance refers to. If all members are referred to, this is noted within the BOARD and COMMITTEE data-structure, see below. |
| DETERMINATION | List: Standardized_string | See table below |
| UNDER_REQUIREMENT | List: REGULATIONS, FIRM_DOCUMENTS | The criteria under which the determination is made, including regulations or firm charters. |
| NEGATION | True/Omitted | Any negation to the classification (e.g., 'does not meet the criteria for independence') |
| DETERMINED_BY | BOARD | |
| BASED_UPON | String | Any justification, not included within the "UNDER_REQUIREMENT" property (e.g., 'as she owns over 5% of the stockholdings') |
Examples
{
"ORIGINAL":"The Board of Directors has determined that all members of the compensation committee
are independent as that term is defined in the listing standards of the Nasdaq Stock Market.",
"STATUS_DETERMINATION":[{
"DETERMINATION":{"TYPE":"INDEPENDENT"},
"WHO":[{"ORIGINAL":"all members of the compensation committee",
"COMMITTEE":{"ORIGINAL":"compensation committee","COMMITTEES":["COMPENSATION"]},
"DETAILS":"ALL_MEMBERS"}],
"DETERMINED_BY_WHO":[{"ORIGINAL":"The Board",
"BOARD":{"ORIGINAL":"Board of Directors","TYPE":"DIRECTORS"}}],
"BASED_ON":[{"ORIGINAL":"as that term is defined in the listing standandards of the Nasdaq Stock Market",
"EXCHANGE":{"EXCHANGE_NAME":"NASDAQ","COUNTRY":"USA"},
"STANDARD":{"TYPE":"LISTING"}}],
}]
}