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When presented with the opportunity to either accrue savings, reinvest in the business, or inflate the stock price the executives and boards of these companies
by pbourke 7y ago
When presented with the opportunity to either accrue savings, reinvest in the business, or inflate the stock price the executives and boards of these companies chose the latter. This happened to also be a decision that benefited them personally, since the majority of their compensation is in equity. Draw your own conclusions.