What is a golden parachute?

What is a golden parachute?A golden parachute is a lucrative contract given to top executives in the event of the company being taken over by another corporation, resulting in job losses. The contract usually includes a large severance pay, stock options and a bonus. Golden parachutes are usually a part of an anti-takeover strategy.

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National Philosophy Day: Date, History, Wishes, Messages, Quotes

National Philosophy Day: Date, History, Wishes, Messages, Quotes

National Philosophy Day: This day encourages critical thinking, dialogue, and intellectual curiosity, addressing global challenges …