China Securities Regulatory Commission, Questions and Answers on the Standards for Information Disclosures by Companies That Offer Securities to the Public (No. 2): Allocations to Incentive Funds for Intermediate and Senior Management Personnel

中国证券监督管理委员会公开发行证券的公司信息披露规范问答（第2号）—中高层管理人员激励基金的提取

July 02, 2001 | BY

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Issued: 29 June 2001 Main contents: The Answers clarify that the payment of rewards to intermediate and senior management personnel shall be counted as…

Clp Reference: 2330/01.06.29 Promulgated: 2001-06-29

Issued: 29 June 2001

Main contents: The Answers clarify that the payment of rewards to intermediate and senior management personnel shall be counted as costs and shall not be treated as distribution of profits. Establishment of incentive funds for intermediate and senior management personnel shall be disclosed in documents disclosed to the public.
Related legislation: Ministry of Finance, Opinion Request for Accounting Treatment of Allocations to Incentive Funds by Listed Companies Reply, 2001

clp reference:2330/01.06.29(1)promulgated:2001-06-29

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