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Are Massive Severance Packages to Fired CEOs Justified?

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Lucrative exit deals, called 'golden parachutes' have generated a fair share of controversy. Print There is a lot of angst, and sometimes justifiable anger, against the large severance packages made to departing CEOs. Previously, these severance deals of CEOs only came to light after their exit. However, since 2006, the Securities and Exchange Commission requires data on CEO compensation in the US to be transparent...

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