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Golden parachute

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Golden Parachute
A golden parachute is an employment agreement that guarantees a key executive of a company lucrative - even excessive -- compensation in the event the firm is taken over.

 


Golden Parachutes
A clause in an executive's employment contract specifying that he/she will receive large benefits in the event that the company is acquired and the executive's employment is terminated.

golden parachute
lucrative contract given to a top executive to provide lavish benefits in case the company is taken over by another firm, resulting in the loss of the job.

golden parachute

Contractual benefits that assure a high-level employee of generous payments if a company is taken over and he or she is dismissed as a result. View golden, tin and silver parachutes.

A lucrative contract given to a top executive that guarantees significant benefits if employment is terminated. Sometimes, certain conditions, such as a change in ownership due to a takeover, must be met. A golden parachute may include generous ...

GOLDEN PARACHUTE - A clause in an executive employment contract that provides the executive with a lucr...
GOLDEN RULES OF ACCOUNTING - : 1. Debits ALWAYS EQUAL Credits; 2. Increases DO NOT NECESSARILY EQUAL De...

Golden Parachute. Contractual payments sometimes made to current management in the event of a takeover of the company.

Golden Parachute
Lucrative contract that is given to top executives in the event that the company is taken over by another corporation and results in job loss.

Golden parachute
Compensation paid to top-level management by a target firm if a takeover occurs.
Monetary gold ...

Golden Parachute
A contract providing highly attractive termination payments to be made to current management in the event of a takeover of the company.
Good money ...

Golden Parachute - Lucrative benefits given to top executives in the event that a company is taken over by another firm, resulting in the loss of their job. Benefits include items such as stock options, bonuses, severance pay, etc.

Golden Parachutes
Publication Date: 02/04/2005
The Service has prepared a comprehensive audit techniques guide to assist examiners in evaluating parachute examinations.

Golden Parachute: A benefits package secured by top executives if a layoff occurs due to a corporate buyout or takeover. The benefits may include out-placement, six months to
two years of severance pay, stock options, or a substantial bonus.

golden parachute: A stipulation in an executive compensation package which grants the executive upon departure or termination a lump sum payment or an annuity.

Golden Parachute or First Class Passengers Strategy A plan devised by existing management stipulating that an acquiring company has to pay executives of the acquired company a substantial sum of money in the event of removing the former.

Golden parachute
Goodwill (accounting)
Greenmail
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Hart-Scott-Rodino Antitrust Improvements Act ...

Examples are golden parachutes, poison pills, safe harbor, and scorched-earth policy. Porcupine provision. Amendment to company charter intended to protect it against takeover. Shark watcher Often used in risk arbitrage.

golden parachute A clause in an executive's employment contract specifying that he or she will... goldilocks economy A term used to describe the U.S. economy of the mid- and late-1990s as neither too hot nor too cold.

Definition: [crh] These provisions are similar to Golden Parachutes in that they provide severance payments upon a change in corporate control, but unlike Golden Parachutes, ...

These provisions are similar to Golden Parachutes in that they provide severance payments upon a change in corporate control, but unlike Golden Parachutes, a large number of a firm's employees are eligible for these benefits.
Single-buyer policy ...

elimination of poison pills, golden parachutes and other anti-takeover devices.
Following the corporate scandals of 2001-2002, some of the reforms promoted by the corporate governance movement were adopted in legislation or in stock exchange rules.

Often used in risk arbitrage. Examples include golden parachutes, poison pills, safe harbor, and scorched-earth policy. Porcupine provision. Amendment to company charter intended to protect it against takeover.
Shark watcher ...

In addition to the three forms of compensation discussed above, severance pay packages, also referred to as 'golden parachutes,' are also common.

See also Any-And-All Bid; Arbitrageur; Asset Stripper; Bear Hug; Blitzkreig Tender Offer; Bust-Up Takeover; Cram-Down Deal; Crown Jewels; Dawn Raid; Deal Stock; Fair-Price Amendment; Gap Opening; Garbatrage; Godfather Offer; Golden Parachute; ...

For many blue collar workers, working overtime or on holidays is their preferred version of a white collar performance bonus. Retirement for a typical blue collar worker means a nominal company or union-funded pension, not a golden parachute or ...

You have to pay tax on excess golden parachute payments.
You claim any of the following tax credits: mortgage interest credit, foreign tax credit, any general business credit, credit for prior years' AMT, ...

GOLDEN PARACHUTES An executive compensation package that is designed to give substantial payments to the executive in the event that corporate ownership or control of the company changes. GOVERNMENT BONDS A type of bond issued by the U.S.

See also: Compensation, Expense, Saving, Banks, Bills

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