The Golden Parachute problem
Filed in archive executive pay by leon on November 20, 2005

up" provisions written into their contracts, allowing them to get around paying excise tax on their severance packages. Are these sweetheart deals in the interests of shareholders? If businesses want to introduce these sorts of deals, shouldn't they first get shareholder approval? Or do they just come with the territory?Permalink: The Golden Parachute problem
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Mr Wong
