Meanwhile, Apple is under SEC scrutiny over the granting of stock options during the technology boom from 1997 through 2001.
Apple Computer ceo Steve Jobs has turned down his $65,000 (€50k; £35k) annual entitlement for serving on the Walt Disney Company board.
He became eligible for the payout after the Mouse House acquired Pixar Animation Studios, of which Jobs was previously chairman/ceo.
The entertainment giant bought the maker of animated hits such as Toy Story and The Incredibles in May for $7.4 billion in stock. As a result, Jobs became Disney's biggest stakeholder, with 138 million shares, valued at $3.9bn billion when the deal closed.
Jobs has a history of declining compensation for board service and has only a token salary at Apple.
His favored method of remuneration is to take stock options or large ownership positions in his companies. The computer titan, maker of the iconic iPod music player, gave him a $43.5 million Gulfstream jet five years ago.
Disney's board has approved a modification of its director compensation policy for non-employee directors to exclude Jobs from compensation, according to a regulatory filing with the US Securities and Exchange Commission.
The growing controversy, which now takes in 50 major companies in the US, has seen investigators and Wall Street analysts examining patterns that suggest some businesses repeatedly backdated options to take advantage of lower stock prices, giving recipients a head start toward paper profits.
Data sourced from Wall Street Journal Online; additional content by WARC staff