Golden Parachutes: Contests, Issues and Trends.
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Date
1983
Language
American English
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Academy of Management Proceedings
Abstract
This 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.
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Wartick, 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.
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Article