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Discussing Gold Parachutes

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What are "gold parachutes"? Provide examples and include your personal opinion as to their advantages and/or disadvantages.

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Provides a discussion about gold parachutes and their advantages/disadvantages.

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What are "gold parachutes"? Provide examples and include your personal opinion as to their advantages and/or disadvantages.

A golden parachute is a "clause in an executive's employment contract specifying that he/she will receive large benefits in the event that the company is [sold or taken over] and the executive's employment is terminated. These benefits can take the form ...

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