Discussion: Finance
There is some evidence that firms deliberately manage earnings in advance of a major stock repurchase (buyback). Do you believe that corporate managers tend to manipulate their stock's value prior to a buyback, or do you believe that corporations tend to initiate a buyback to enhance shareholder value?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.