Accouting for Clawback Clauses in Share-based Payment

Clawback clauses, which have been included in the German Stock Corporation Act ( AktG) since the ARUG II changements and aim to reclaim unjustified share- based payments, have gained impor-tance in recent times. However, they are hard to be brought in line with IFRS 2 methodology, a topic rarely discussed in accounting literature. Therefore, the objective of this paper is to analyse the accounting for clawback clauses under IFRS 2 in contrast to the US- GAAP or the German Com-mercial Code (HGB).