Executive severance agreements: benefit or burglary?
指出高管离职协议在解雇、收购和破产时难以合理化，分析了其持续存在的原因，并为高管和董事会提供了减少争议的离职方案建议。
Executive Overview While executive compensation in general has been subject to critical attention, we argue here that executive severance agreements continue to have the potential to be far more embarrassing for America at large, the specific corporation, and any executive involved. We suggest that such severance agreements triggered by executive terminations, corporate takeovers, and bankruptcy seem difficult to justify. We provide some rationale for the persistence of such policies, and suggestions whereby executives and boards of directors may develop severance programs that are far less subject to criticism.