A Short History of Golden Parachutes
Harvard Business Review
OCTOBER 3, 2016
This was quickly followed by the era of hostile takeovers in the 1980s. The junk bond market made financing large takeovers possible and even the biggest among the Fortune 500 firms were no longer safe from a forced acquisition. Firms began adopting golden parachute-style payout packages in the late 1970s.
Let's personalize your content