would dividends not accomplish the same thing?
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Yeah. Just tax advantage to return value via buybacks in the US. Capital gains over income taxes.
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Don’t hate the player (generic HBS CEO), hate the game (the dilemmas posed by ineffective global monetary policy, slowing global growth, rising inequality, and a decades long orgy of government debt accumulation).
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Well those laws don’t exist tho, as noted by
@retheauditors and othershttps://medium.com/bull-market/new-york-times-reporters-perpetuate-popular-corporate-governance-myths-926e24b0e1aa … -
Corp boards have done a magnificent job insulating themselves via public opinion and lobbies. Being a Corp raider was once my highest calling. I started late.
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issues like? why not be a rebel and actually do something good?
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Easily the best argument against a pure free market scenario
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Also because it's easier than actually innovating. Innovation is really hard.
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Like investing in expanding the business??
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