Advocates Overrating the Benefits of Buybacks
A 20% boost in share price from buying back stock may sound attractive, but over five years it…
A 20% boost in share price from buying back stock may sound attractive, but over five years it…
In this guide, we explain the nature of share buybacks, why they’re done, and how their retur…
Companies that use rates of return or economic profit measures need to be careful about depreci…
High returns, growth, and low leverage are common criteria. But capital intensity is also an im…
Too often executives use the term strategic to describe poor investments. Strategic investments…
Business-services companies should be cautious of share repurchases until they have exhausted a…
Some executives seem to be more concerned with making sure bad things do not happen than they a…
No one could have dreamed up all the wonderful technological innovations and communications we …
What companies can do to help their share prices catch up with the surge in corporate net incom…
Companies investing in R&D have created more value for shareholders over the past 10 years.
Although high debt levels are touted to be shareholder-friendly, highly levered companies do no…
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