Golden parachute
Revision as of 14:26, 27 October 2019 by Gary (talk | contribs) (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...")
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.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
