Like most such efforts, however, the regulators’ new rules are at best only a small step, unlikely to change significantly how most executives operate. But, if nothing else, they will draw attention in the C-suite, so the benefit may be more in the perception of a potential threat through compensation clawbacks than the amount of any actual recoveries.
Threat of Pay ‘Clawbacks’ May Be as Powerful as Recoveries – The New York Times
