A possible rationale for golden parachutes is to prevent management entrenchment by giving managers incentives not to resist changes at the top RIGHT to make it easier to retain managers to facilitate mergers to induce management to focus on performance in order to avoid being dismissed to prevent management entrenchment by giving managers incentives not to resist changes at the top RIGHT to make it easier to retain managers to facilitate mergers to induce management to focus on performance in order to avoid being dismissed.

1. A possible rationale for golden parachutes is
to prevent management entrenchment by giving managers incentives not to resist changes
at the top RIGHT
to make it easier to retain managers
to facilitate mergers
to induce management to focus on performance in order to avoid being dismissed
to prevent management entrenchment by giving managers incentives not to resist
changes at the top RIGHT
to make it easier to retain managers
to facilitate mergers
to induce management to focus on performance in order to avoid being dismissed