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Wednesday, May 28, 2014

Rethinking How to Make Companies Flourish

Time to Remake Shareholder Capitalism (Harold Meyerson) from the Pittsburgh Tribune Review
"Actually, that money locked away abroad could be put to more uses than buying back shares or paying dividends if those companies brought it home. They might fund more research and development, or start a new product line, or even give employees a raise. But The Journal story has it right. American big business these days is in the business of rewarding shareholders ..., to the exclusion of any other activity that might help companies flourish."

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