Why Executive Compensation Clawbacks Don’t Work
Clawback provisions are a common feature in executive compensation packages. They are intended to deter executives from boosting their incentive compensation entitlements by taking decisions that could impose legal or reputational costs on the company. But if executives cash in their compensation and then leave the company clawbacks can be almost impossible to enforce. Requiring incentive compensation for executives to be made in restricted stock … [ Read more ]
Authors: Charles M. Elson, Sanjai Bhagat | Source: Harvard Business Review | Subject: Corporate Governance
The Art of M&A Due Diligence
Content: Book | Authors: Alexandra Reed Lajoux, Charles M. Elson