
Companies Cut Stock Dividends As Profits Drop (Published 1991)

In one survey nearly 80 percent of chief financial officers said they would decrease spending on research and development to meet earnings targets, and just over 55 percent said they would delay a new project to meet earnings targets even if it meant a (small) sacrifice in value. In another, 59 percent of executives would delay a high net present
... See moreRebecca Henderson • Reimagining Capitalism in a World on Fire
prioritize profits, even when those profits are derived
Holly Ensign-Barstow • From shareholder primacy to stakeholder capitalism
rapidly declining circulation, fewer pages per newspaper and less overall revenue has meant fewer journalists. Indeed, there are now far fewer people working for American newspaper publishers than at any point since WW2