I would be satisfied with merely making it so that corporations couldnt buy their own stock back from shareholders. This would also free the corporation up with profits they could reinvest into r&d, or payouts to shareholders via more lucrative dividend returns.
As it stands, the current system is how they fuel employee stock options programs which are disproportionately awarded to the executive staff, and used as a means to skirt "income tax" provisions by making this "pay" fall under the category of "capital gains" taxes, while simultaneously artificially increasing equity value until the bubble bursts.
If they were to undertake the abovementioned suggestion, the increased profit margin would increase ability to issue dividends which would naturally increase equity value from organic investors looking to invest long term FOR the dividend and equity stability.
Take a look at how shitty the dividends are in the tech industry megacorporations. Most of them offer zero dividends, with even the most profitable tech giants offering dividends below 1% annually. They entice investors with their potential for "growth", which is primarily fueled by continuously buying their own stock back from investors.
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