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Moreover, executives were able to keep their salary high when they changed firms.
Yet top executives were able to sell their Enron shares before they became worthless.
Its executives were able to get through on the phone to virtually everyone they wanted.
The report also found they were naively untroubled by the lack of due diligence that executives were able to conduct before agreeing the deal.
Meanwhile, Parmalat's former executives were able to "mask their systemic looting of the company" while Citigroup continued "reaping tens of millions of dollars in fees".
Asked whether SeaWorld was contemplating legal action against the film, G. Anthony Taylor, the general counsel, said decisions about any such step would have to wait until executives were able to more closely assess the movie.
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As outside directors on other companies' boards, executives are able to observe what comparable firms do and how they execute their decisions, which might reduce their decision-making uncertainty (Geletkanycz and Hambrick 1997).
As a result, the executives are able to claim the maximum possible tax deduction and escape capital gains taxes.
Via a virtual component, the class connection and community is maintained, and executives are able to share learnings, reflections, and progress.
Still, it may be years before executives are able to actually reap the proceeds of those grants, because of vesting requirements.
In many cases, like that of the medical device maker Zimmer Holdings, executives are able to meet goals for profit growth and earn bigger bonuses despite poor stock performance.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com