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A Short History of Golden Parachutes

Harvard Business Review

OCTOBER 3, 2016

And Wells Fargo CEO John Stumpf, already under fire for a fraudulent bank account scheme , has faced tough questions about his salary and the multimillion-dollar retirement package of Carrie Tolstedt, a key executive tied to the scandal. This was quickly followed by the era of hostile takeovers in the 1980s.

Golden Parachute 9
Golden Parachute Hostile Takeover Airlines Execution 9
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What's Lost When Shareholders Rule

Harvard Business Review

MAY 13, 2013

The form of capitalism that has emerged in Britain is the textbook description of how to organize capital markets and corporate sectors. What exactly is wrong with the progressively greater control that banks, private equity investors, stock markets, and takeovers have exerted over the British corporate sector?

Hostile Takeover 8
Hostile Takeover Commitment Banking Incentives 8
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