Golden parachute

GPTKB entity

Statements (23)
Predicate Object
gptkbp:instanceOf Business term
Contractual agreement
gptkbp:appliesTo Executives
Senior management
gptkbp:controversy Can be seen as excessive compensation
May incentivize executives to pursue mergers
https://www.w3.org/2000/01/rdf-schema#label Golden parachute
gptkbp:includes Stock options
Bonuses
Other benefits
Severance pay
gptkbp:introducedIn 1980s
gptkbp:languageOfOrigin English
gptkbp:purpose Provide financial compensation upon termination
gptkbp:regulates Internal Revenue Code Section 280G (U.S.)
gptkbp:relatedTo gptkb:Poison_pill
Golden handshake
Severance package
gptkbp:triggeredBy acquisition
Merger
Change of control
gptkbp:bfsParent gptkb:Tender_offers
gptkbp:bfsLayer 7