News for hackers. Stuff that matters.
Re:Companies Use Borrowed Billions to Buy Back Stock, Not to... by repolfx on Sunday August 11, 2019 @07:08AM (#20667574)
Nobody specifically but it's not the wrong goal. Remember that "zombie companies" that don't make sense anymore but the state won't let die is a typical sign of a sclerotic Communist economy. At some point the existence of a company has to be a means not an end, so what is the end? Shareholder value. Because that's what ultimately means a company had positive return on investment and that is the closest signal we have to "doing something useful".

There are no comments on this comment yet.