Citizens Applauds Coca-Cola On Decision to Expense Options

Socially Responsible mutual fund family Citizens Funds applauded Coca-Cola's decision to expense stock options on its income statement, rather than treating this expense in a footnote. This will make executive compensation expenses clearer to investors, according to Citizens.

"It took guts for a giant such as Coca-Cola to announce that it will begin expensing options," said Valentina Dingle, vice president and corporate spokeswoman for Citizens.

For reprint and licensing requests for this article, click here.
Money Management Executive
MORE FROM FINANCIAL PLANNING