Whitemail

Whitemail

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Description

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Whitemail, coined as an opposite to blackmail, has several meanings.In economics, whitemail is an anti-takeover arrangement in which the target company will sell significantly discounted stock to a friendly third party. In return, the target company helps thwart takeover attempts, byWhitemail can also be considered as legally compensating someone for doing their job in a manner benefiting the payer. For example, if a person gives a ma tre d' a $20 bill in order to secure a table more quickly than other patrons who had arrived earlier, this could be considered whitemail. It is merely a compensatory incentive for someone to do their job quicker, better, or in a manner more advantageous to the payer. It can be considered a bribe, depending on the person being offered the incentive and the action the incentive is intended to influence.show more

Product details

  • Paperback | 104 pages
  • 152 x 229 x 6mm | 163g
  • Salv
  • United States
  • English
  • black & white illustrations
  • 6136257394
  • 9786136257396