Cryptocurrency Q&A
What is a parachute in finance?
What is a parachute in finance?
CryptoVeteran
Sat Nov 23 2024
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5
answers
1210
I'm trying to understand the financial term 'parachute'. Could someone explain what it means in the context of finance or investing?
5 answers
BlockchainMastermind
Mon Nov 25 2024
The purpose of a golden parachute is to incentivize executives to support and approve M&A deals, as they are assured of a substantial financial cushion.
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Lucia
Mon Nov 25 2024
The benefits included in a golden parachute can be extensive, often encompassing severance pay, cash bonuses, and stock options.
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Sara
Mon Nov 25 2024
In the context of mergers and acquisitions (M&A), a golden parachute is a significant financial package offered to company executives.
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DongdaemunTrend
Mon Nov 25 2024
These perks are designed to protect executives from potential financial losses that may arise from the transition and uncertainty following a merger or acquisition.
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SoulStorm
Mon Nov 25 2024
This compensation is guaranteed to the executives upon termination of their employment following a merger or takeover.
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