18 pages. Excerpt: "This study presents [an] analysis of 2009 through 2012 year-end proxy disclosures for 100 large public companies relative to their compensation recoupment or 'clawback' policies.... Of the companies in [this] study, 92% have policies to recoup compensation if there's a restatement of financial results.... 27% require repayment in the event of a restatement without personal accountability.... Another prevalent reason for recoupment of incentives was misconduct (84%), which includes breaking a company's code of conduct or ethics policies, being convicted of a criminal offense, or other transgressions[.]"  MORE >>