4 ms·
The past decade companies have sold debt to raise funds to repurchase stock to drive up stock price so senior management can meet their KPI and get a larger bon
by landemva 4y ago
The past decade companies have sold debt to raise funds to repurchase stock to drive up stock price so senior management can meet their KPI and get a larger bonus.
This is useful activity for society because senior management deserves more money and they work really hard to earn it. /s