Difference between revisions of "Golden parachute"
(Created page with "Golden parachute is a payment and other benefits made to executives who are forced out when a merger takes place. ==Definitions== According to Financial Management The...") |
(→Definitions) |
||
| Line 5: | Line 5: | ||
According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | ||
:[[Golden parachute]]. A payment made to executives who are forced out when a merger takes place. | :[[Golden parachute]]. A payment made to executives who are forced out when a merger takes place. | ||
| + | According to [[Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition)]], | ||
| + | :[[Golden parachute]]s. Large payments made to the managers of a target firm if it is acquired. | ||
==Related concepts== | ==Related concepts== | ||
Latest revision as of 02:27, 2 November 2019
Golden parachute is a payment and other benefits made to executives who are forced out when a merger takes place.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Golden parachute. A payment made to executives who are forced out when a merger takes place.
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Golden parachutes. Large payments made to the managers of a target firm if it is acquired.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
