Good Company: Ending the Era of Shareholder Supremacy (with Lenore Palladino)
Pitchfork Economics with Nick Hanauer
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The Impact of Stock Buybacks and Private Financial Markets on Investment Capital
This chapter examines how excessive stock buybacks can lead to companies becoming net destroyers of investment capital and the regulatory gaps that allow this manipulation. It also highlights the challenges posed by unregulated private financial markets, particularly in private equity, and the potential risks they present to innovation and stability.
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