According to William Laconic of Harvard Business corporate profits and stock prices are on the rise

business

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According to William Laconic of Harvard Business Review (Sept. 2014), corporate profits and stock prices are on the rise, but the average American is not sharing the wealth. This may be partly attributable to stock buybacks, where companies buy back their own stock, mostly on the open market. Discuss the ethical issues of this practice and its effect on shareholders vs. business. You may read through the article here: Profits without Prosperity (Links to an external site.)

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