This report discusses excess pay’s cost to investors, explains why most existing clawbacks fall short of what Dodd–Frank is likely to require, and offers guidance for boards seeking to minimize excess pay not reached by Dodd–Frank.
Excess Pay and the Dodd-Frank Clawback
Excess Pay and the Dodd-Frank Clawback
Human Resources
$175.00
The Dodd-Frank Act requires firms to adopt clawback policies for recovering certain types of excess pay—payouts that result from errors in performance measures (such as reported earnings). This report discusses the costs of excess pay to investors, explains why most firms’ existing arrangements fall far short of what Dodd–Frank is likely to require, and offers guidance to boards seeking to eliminate the types of excess pay not reached by Dodd–Frank.