Golden parachute in economics and finance

95 views Feb 2, 2024

Hello everyone! Welcome to today's lesson on the golden parachute. In the world of economics and finance, this term holds significant importance. It refers to a financial arrangement made between a company and its top executives, usually as part of their employment contract. The purpose? To provide substantial financial benefits to these executives in the event of a change in control or ownership of the company. Let's dive deeper into this intriguing concept.

#Economics