Special Episode: What’s Wrong with Buybacks?

Are buybacks bad for business? Should firms buy dividends instead, or just not make payouts? In this episode of All Else Equal: Making Better Decisions, hosts and finance professors Jonathan Berk and Jules van Binsbergen debunk myths about buybacks. They explain what a buyback, or share repurchase, is and why companies choose to use them, as well as the implications of the Inflation Reduction Act’s proposal to assess a 1% tax on buybacks. All Else Equal: Making Better Decisions is a podcast produced by Stanford Graduate School of Business. It is hosted by Jonathan Berk, The A.P. Giannini Professor of Finance at Stanford GSB, and Jules van Binsbergen, The Nippon Life Professor in Finance, Professor of Finance, at The Wharton School. Each episode provides insight into how to make better decisions. Submit your questions to the show here: https://bit.ly/AllElseEqual Find All Else Equal on the web: https://www.gsb.stanford.edu/business-podcasts/all-else-equal-making-better-decisions All Else Equal: Making Better Decisions Podcast is a production of Stanford Graduate School of Business and is produced by University FM. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.