Companies benefit from golden parachute payments because they can treat these payments as business expenses. (Golden Parachutes)

Name: Companies benefit from golden parachute payments because they can treat these payments as business expenses. (Golden Parachutes)
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Companies can deduct golden parachute payments as business expenses, which can provide a tax benefit for the company. However, this may not necessarily be seen as a benefit to shareholders or other stakeholders.

Companies Benefit from Golden Parachute Payments Because They Can Treat