Which of the following includes restrictions on executive pay that are designed to discourage executives from taking "unnecessary and excessive risks"?
A) Corporate Welfare Program
B) Employee Welfare Program
C) Troubled Asset Relief Program
D) Corporate Liability Relief Program

Question

Quizplus · Accepted Answer

The Troubled Asset Relief Program (TARP) includes restrictions on executive pay that are designed to discourage executives from taking "unnecessary and excessive risks". TARP was a program implemented by the US government after the 2008 financial crisis to purchase assets and equity from financial institutions in order to strengthen the financial sector. As part of this program, executives of companies that received TARP assistance were subject to restrictions on their compensation, including limits on bonuses and other incentives.

Which of the Following Includes Restrictions on Executive Pay That