3 ms·

I have no idea how golden parachutes relate to a discussion of dividends vs. stock buybacks. Enlighten me?

• karamazov 15y ago
  Parent's article discusses why stock buybacks damage shareholder value, by referencing the ability of executives to generate shares and sell them on the open market, and thereby dilute existing owners without their consent. (Note that I'm summarizing the argument, not agreeing with it.)