CLAWBACK PROVISIONS IN REAL ESTATE INVESTMENT TRUSTS
نویسندگان
چکیده
منابع مشابه
Self-enforcing Clawback Provisions in Executive Compensation Self-enforcing Clawback Provisions in Executive Compensation *
A clawback provision is the right of a firm to recover from an executive’s compensation as the result of triggering events, such as a financial restatement. We argue that the adoption of clawback provisions may exacerbate a manager’s incentive to avoid financial restatements via earnings management. Only when the accounting verifiability is high, making earnings management very costly, can claw...
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ژورنال
عنوان ژورنال: Journal of Financial Research
سال: 2016
ISSN: 0270-2592
DOI: 10.1111/jfir.12090