Should the US government step in to regulate share buybacks?
For the business community and investors, it may be a step too
far. But with US elections focussing on middle class needs and
wage disparities, promises to govern when companies can
– and can't – engage in share repurchases
might come front and centre.
On its own, a proposal to monitor when businesses repurchase
shares should not be so worrying. In this situation, disclosing
a public company's motives and financial health gives investors
a better understanding of the...