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More false narratives to trick investors

An “experienced board” and “skin in the game” are further examples of widely cited corporate attributes whose standing as value drivers depends on blind repetition.

More false narratives to trick investors More false narratives to trick investors More false narratives to trick investors More false narratives to trick investors More false narratives to trick investors

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A From the Capital column on June 11 questioned whether so-called tight capital structures produce superior investment returns.