golden parachutes
golden parachutes
Finance dictionary of financial terms
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Economics and finance
Definition of golden parachutes
golden parachutes: Provisions in the employment contracts of key executives that provide them with sizable compensation if the firm is taken over, deters hostile takeovers to the extent that the cash outflows required are large enough to make the takeover unattractive.
Source : http://foba.lakeheadu.ca/hartviksen/2039/Finance%20Dictionary.doc
link: http://foba.lakeheadu.ca/
Author : not indicated on the source document of the above text
Finance dictionary of financial terms
Finance dictionary of financial terms index
Definition and meaning of golden parachutes
Meaning of golden parachutes
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