Public Outcries About CEO Pay Have Prompted Government Actions That

question 21

Multiple Choice

Public outcries about CEO pay have prompted government actions that are designed to increase the transparency and fairness of such pay. Which of the following required actions was not contained in the Dodd-Frank Act of 2010:

• A) Independence for executive compensation committee members and compensation
• Consultants.
• B) Disclosure of the pay-for-performance components of executive compensation
• C) Reporting of the ratio of CEO total compensation to the median of non-CEO
• Total compensation.
• D) Removal of after-the-fact clawback provisions, which require executives to repay any incentive compensation that was properly awarded based on financial restatements
• E) None of these are contained in the Dodd-Frank Act of 2010

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