No. of Recommendations: 0
Any company where the CEO and BoD does things purely to influence the price of the stock is not a company a person should want to invest in.
I don't know what the word "pure" is doing in that sentence.
It's the job of the board of directors to be responsible to shareholders. If you think paying dividends increases your stock price, long-term, then pay the friggin dividend. Maybe the shareholders don't believe that you will invest the money as well as Warren Buffett did, and they can invest it better.
Number go up heap better than number go down. Anything else is theoretical nonsense.
