Clinton’s Proposals on Stock Buybacks Don’t Go Far Enough
Harvard Business Review
AUGUST 11, 2015
But that will not in any way deter hedge-fund activists from demanding that companies do stock buybacks so that they can time their stock sales to take advantage of short-term, buyback-induced, stock-price boosts. They — and not parasitic hedge-fund managers like Carl Icahn — are the value creators.
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