January 11, 2010
Holding Back on Clawback Policies
– Paul Hodgson, The Corporate Library
As was recently written in The Corporate Library Blog, the spread of clawback policies is progressing at a snail’s pace, according to our new report. While the number of companies with such policies has increased slightly over the past two years, the overall level of adoption remains low for all the indices studied.
For example, the incidence of clawback provisions in the S&P 500 rose by just over three percentage points. Forty-four companies had clawback policies in 2008, compared to 66 in 2009.
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