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SOX and executive compensation

By Larry Ribstein on November 20, 2006 7:30 AM


The WSJ discusses today the problems with SOX 304, which provides for "clawbacks" of executive compensation paid following an accounting misstatement. Sounds like a simple concept, but as I discuss, it's one more thing Congress got wrong in SOX.

 

 



Isaac Gorodetski
Project Manager,
Center for Legal Policy at the
Manhattan Institute
igorodetski@manhattan-institute.org
Bridget Carroll
Press Officer,
Manhattan Institute
bcarroll@manhattan-institute.org

 

Published by the Manhattan Institute

The Manhattan Insitute's Center for Legal Policy.