1. Trouble for golden parachutes
- Author
-
Moore, W. John
- Subjects
Signal Companies Inc. -- Cases ,Allied Corporation Inc. -- Cases ,Compensation management -- Cases ,Executives -- Compensation and benefits ,Golden parachutes -- Laws, regulations and rules ,Business ,Business, general - Abstract
Golden parachutes are becoming vulnerable to attack. Particularly worrisome to corporate attorneys is the fact that some courts no longer deem the business judgment rule an absolute shield protecting these executive compensation packages. The author reviews the recent case involving the Signal Companies and the Allied Corporation. (Reprinted by permission of the publisher.)
- Published
- 1987