Wartick, Steven L.Cochran, Philip L.2021-06-012021-06-011983Wartick, S. L., & Cochran, P. L. (1983, August). Golden Parachutes: Contests, Issues and Trends. In Academy of Management Proceedings (Vol. 1983, No. 1, pp. 359-363). Briarcliff Manor, NY 10510: Academy of Management.https://hdl.handle.net/1805/26103This paper explores a relatively new executive perquisite, golden parachutes (GP's). The number of firms that have or are planning to adopt GP's is discussed. Features of GP's are outlined. Reasons that firms have adopted GP's are explored. Finally, a series of arguments against this practice are laid out.en-USArticle