Good Stewards

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The book explores the transformation of executive compensation practices, particularly focusing on stock buybacks and their impact on the stock market. It critiques the trend that emerged post-2010, where companies prioritized shareholder cash for executive rewards, leading to a disconnect between profit growth and market performance. The narrative challenges the notion that all executives are detrimental, instead prompting a discussion on potential solutions to the issues created by these practices and their long-term implications for corporate governance.