AN OVERVIEW OF THE USE OF CLAWBACK AS A GOVERNANCE MECHANISM ON EXECUTIVE REMUNERATION IN SOUTH AFRICA
The use of malus and clawback provisions has increased in recent years due to the demand for tighter controls on incentive-based compensation. The alignment between executive pay and individual performance creates a culture of responsible decision-making and accountability within an organisation. Th...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Studia Universitatis Babes-Bolyai
2023-09-01
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Series: | Studia Universitatis Babeş-Bolyai Negotia |
Subjects: | |
Online Access: | http://www.studia.ubbcluj.ro/download/pdf/negotia/2023_3/02.pdf |