Golden parachutes are property rights generally given to ________.
A) the workforce
B) shareholders
C) the board of directors
D) managers

Question

Quizplus · Accepted Answer

Golden parachutes are typically given to managers, especially top executives, as a form of compensation and protection in the event of a merger, acquisition, or other significant corporate event. The idea is to incentivize and retain top talent by providing them with a financial safety net and ensuring that they remain with the company in the event of a major change.

Golden Parachutes Are Property Rights Generally Given to ________