Fair Game: Executive Pay Clawbacks Are Gratifying, but Not Particularly Effective

If the goal is to keep corporate executives honest, compensation clawbacks aren’t doing the job.
That’s what the recent action by Wells Fargo’s board shows. Yes, the bank’s directors acted on Tuesday to recover $60 million in stock grants from two top executives in the wake of the phony accou...

Read full post here:
http://skpsoft.com/view/business+news/fair-game-executive-pay-clawbacks-are-gratifying-but-not-particularly-effective/