Apparently such provisions now have become a widely


According to a 2012 study by Fortune magazine, 86.5 percent of Fortune 100 companies have adopted clawback provisions that allow them to recover cash bonuses or stock from errant executives.

Apparently, such provisions now have become a widely accepted corporate governance practice. What practice(s) typically trigger clawback actions by the SEC? Do you think trying to enforce contested clawbacks are in shareholders' best interests? Why or why not?

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Management Theories: Apparently such provisions now have become a widely
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