To reignite growth: ban share buybacks

By Kaveh Pourvand

Admittedly, the topic of share buybacks, when companies repurchase their shares to return money to investors, may not immediately set the pulses racing. However, if William Lazonick is right, cracking down on this practice may be crucial to getting investment rates back up and the economy back on track. Lazonick’s research has focused on the American stock markets, but there are lessons here for the UK.”…

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