in his article published in the Financial News (3 February 2012), Richard Partington refers to the research results by the FINNOV scientific team, who are calling for an outright ban on corporate stock buybacks. Partington writes:
"…FINNOV, a research collaboration between seven European academic institutions including the UK's University of Cambridge, said share buybacks should be subject to stronger governance control or banned outright.
It said the measure, used by publicy-listed companies to boost flagging share prices, was a symptom of "impatient capital" that threatened to undermine the stability of financial markets."
