By Stephen Gandel “The stock market is shrinking, and that’s got an economics professor spooked. According to study published this week by Harvard Business Review, over 90% of the profits generated by companies in the S&P 500 over the past decade…
Author: admin
Why workers tread water as companies grow richer
By Eric Reed “It’s one of the defining questions of our age: how do companies keep doing better while ordinary people continue to struggle? There’s more money than ever out there and the economy has officially recovered from the Great…
Stock buybacks enriching executives, killing jobs (interview with Lynn Parramore)
By R. J. Eskow [Click HERE to watch the interview]
Buyback-golf slecht voor economie
By Ruben Munsterman “Bedrijven die eigen aandelen inkopen? Een bullish signaal voor beleggers maar een veeg teken voor de economie. De Amerikaanse economie kent twee kanten. Enerzijds is er de positieve kant van stijgende beurskoersen en torenhoge bedrijfswinsten.”… [Click HERE…
How Corporate Share Buybacks Are Destroying America
by Joshua Brown, The Reformed Broker – This weekend’s must-read is quite apropos of today’s holiday. ‘Profits Without Prosperity’, an incredible article at the Harvard Business Review, shows exactly how corporate share buybacks have gotten out of control in the last…
The Financial Times slams ‘the world’s dumbest idea’
By Steve Denning “Good news! The Financial Times has come out forcefully against maximizing shareholder value. The article declares that we have made a mess of the way companies are run.”… [Click HERE to read the full article]
Can reforming executive compensation resolve the Capitalist’s Dilemma
By Tom Bartman “The September issue of HBR has an interesting article titled “Profits Without Prosperity” by William Lazonick ( http://hbr.org/2014/09/profits-without-prosperity/ar/1). In the article Lazonick posits that stock buy-backs are a key cause of companies’ failure to invest in growth/market creating…
Buybacks blamed for lack of U.S. prosperity
By Russ Britt “As major stock indexes touch new highs on a regular basis, one academic says those profits are here courtesy of massive share buyback initiatives throughout the bulk of corporate America — and could come back to haunt…
From value creation to value extraction
By Shareholders Unite “We had a feeling we were onto something when we asked last year whether the stock market had become dysfunctional. Our particular worry was that the stock market had changed from a means to finance companies, that is, new…
How corporate share buybacks are destroying America
By Joshua Brown “Happy Labor Day! This weekend’s must-read is quite apropos of today’s holiday. ‘Profits Without Prosperity’, an incredible article at the Harvard Business Review, shows exactly how corporate share buybacks have gotten out of control in the last…
