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From a sociological perspective,
Clawback Provisions
Terms included in contracts that require an individual to return money previously earned, often used to reclaim bonuses or other compensation under certain conditions.
Whistleblower Provisions
Regulations and policies that protect individuals who report illegal or unethical activities within an organization.
Sarbanes-Oxley Act
A U.S. federal law that aimed to protect investors by making corporate disclosures more reliable and accurate, enacted in response to financial scandals.
Monetary Unit Assumption
An accounting principle stating that transactions and events can be expressed in monetary units for recording and reporting.
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