The ________ of the Dodd-Frank Act Gives Shareholders an Advisory

question 112

Multiple Choice

The ________ of the Dodd-Frank Act gives shareholders an advisory vote on executive pay.

• A) cap-and-trade proviso
• B) clawback policy
• C) say-on-pay provision
• D) golden parachute clause

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Definitions:

Dollar

The official currency of several countries, including the United States, known for its significant role in international trade and finance.

Depreciate

A decline in an asset's value over time, frequently caused by deterioration or becoming outdated.

Managed Floating

A system where a country's exchange rate is allowed to fluctuate in response to the foreign exchange market, but the central bank intervenes to stabilize the currency when necessary.

Exchange Rates

The value of one currency in terms of another currency, which determines how much foreign currency can be obtained with a unit of domestic currency.