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A comment on Intel Brags of $152B in Stock Buybacks. Why Does It Need an $8B Subsidy?. Parent comment
That is one theory of corporate governance:
* https://en.wikipedia.org/wiki/Shareholder_value
* https://en.wikipedia.org/wiki/Friedman_doctrine
There are others:
* https://en.wikipedia.org/wiki/Stakeholder_theory
* https://corpgov.law.harvard.edu/2012/06/26/the-shareholder-v...
* https://sloanreview.mit.edu/article/the-shareholders-vs-stak...
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That is one theory of corporate governance:
* https://en.wikipedia.org/wiki/Shareholder_value
* https://en.wikipedia.org/wiki/Friedman_doctrine
There are others:
* https://en.wikipedia.org/wiki/Stakeholder_theory
* https://corpgov.law.harvard.edu/2012/06/26/the-shareholder-v...
* https://sloanreview.mit.edu/article/the-shareholders-vs-stak...