Lazonick (2014) and Edmands (2017) offer opposing views on the value of stock repurchases. Below are the

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Lazonick (2014) and Edmands (2017) offer opposing views on the value of stock repurchases. Below are the links to the authors

https://hbr.org/2014/09/profits-without-prosperity

https://hbr.org/2017/09/the-case-for-stock-buybacks

Whose argument do you find more compelling? To help structure your response, consider the following case. Suppose a company receives a windfall of cash. What factors should the board of directors consider when deciding how to allocate the newly found capital?

Posted Date: May 11, 2024 03:34 AM

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Lazonick (2014) and Edmands (2017) offer opposing views on the value of stock repurchases. Below are the

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