Definition: Clawback Policy

Term: Clawback Policy

Definition:A policy in which money or benefits that are distributed to a CEO or CFO are then taken back as a result of special circumstances, such as intentional fraud or an unintentional misstatement.

To find keyword content within a course, select the course link below.

Course	Page Number
26 - Compensation Committees: Framework for Executive Compensation Alignment	8
21 - Compensation for Business Leaders	28

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Clawback Policy