Taking Stock: Why Executive Pay Results in an Unstable and Inequitable Economy

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Taking Stock: Why Executive Pay Results in an Unstable and Inequitable Economy White Paper by William Lazonick June 5, 2014 This paper draws on ideas developed in William Lazonick, “Prots Without Prosperity: How Stock Buybacks Manipulate the Market, and Leaves Most Americans Worse Off ,” Harvard Business Review, September 2014 (forthcoming).

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