Compensation Paid to Top Management in the Event of a Takeover

question 52

Multiple Choice

Compensation paid to top management in the event of a takeover is called a:

• A)poison pill.
• B)golden parachute.
• C)self-tender.
• D)buyout.

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Definitions:

Familiar Brand Name

A brand name that is well known among consumers, often because of extensive marketing or long-term presence in the market.

Mere Exposure Effect

A psychological phenomenon whereby people tend to develop a preference for things merely because they are familiar with them.

Self-Fulfilling Prophecy

A belief or expectation that influences behavior in a way that causes the belief to become true.

Social Trap

A situation in which the conflicting parties, by each pursuing their self-interest rather than the good of the group, become caught in mutually destructive behavior.