Term: Dodd-Frank Act
Definition:This act was introduced to promote financial stability by improving accountability and transparency in the financial system, and to protect consumers from abusive financial services practices. The executive compensation-specific Dodd Frank Act provisions include Say-on-pay vote, Say-on-frequency vote, "Golden parachute" vote, and a Clawback Policy.
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26 - Compensation Committees: Framework for Executive Compensation Alignment | 8 |
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