Stock Repurchase: A Sophisticated Form of “Owner Operator Account”?
Batsch, Laurent
Stock Repurchase: A Sophisticated Form of “Owner Operator Account”? - 1999.
79
In public companies, the registered capital is fixed. The stock repurchase may be analyzed as an attempt to introduce more variability in the capital. Though such repurchases, the shareholders manage the stock capital as the traditional owner operator account. They seek to obtain the flexibility of a one-man business.
Stock Repurchase: A Sophisticated Form of “Owner Operator Account”? - 1999.
79
In public companies, the registered capital is fixed. The stock repurchase may be analyzed as an attempt to introduce more variability in the capital. Though such repurchases, the shareholders manage the stock capital as the traditional owner operator account. They seek to obtain the flexibility of a one-man business.
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