golden parachute
From: The Columbia Encyclopedia, Sixth Edition
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Date: 2008
golden parachute a contract given to top executives of a corporation to provide benefits in case of job loss due to a takeover by another firm or a merger. The unusually generous benefits may include substantial severance pay, a one-time bonus payment when employment ends, or stock options.
Author not available, GOLDEN PARACHUTE.,
The Columbia Encyclopedia, Sixth Edition 2008
The Columbia Encyclopedia, Sixth Edition. Copyright 2008 Columbia University Press
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Golden parachutes, information and shareholder value.
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&type=1 "Contra Costa Times (Walnut Creek, CA)")
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Golden parachutes: CEOs and the exercise of social influence. (compensation packages given to chief executive officers in the event of their termination or resignation)
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Are golden parachutes turning platinum?
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&type=1 "Baltimore Sun (Baltimore, MD)")
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TREASURY AND IRS ISSUE FINAL REGULATIONS FOR GOLDEN PARACHUTE PAYMENTS
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2 Congressmen Look to Deflate Golden Parachutes
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P-VH board okays 2 golden parachute plans. (Phillips-Van Heusen Corp.)
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