The Effects of Public Ownership on the Financial Performance of Newspaper Corporations

William B. Blankenburg · Gary W. Ozanich

27 citations0/0 files storedJournalism Quarterly

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Journalism and Media Studies Corporate Finance and Governance Media Influence and Politics

Abstract

An analysis of several public newspaper companies reveals the degree of inside control is associated with financial performance in ways that support a journalistic theoretical explanation rather than an economic one. Public companies emphasized profits more than did private companies, contrary to an economic argument that expects lower profits from a company whose stockholder-owners are separate from management.

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1994Institutional Ownership of Publicly Traded U.S. Newspaper Companies 1996Corporate Newspaper Structure, Profits, and Organizational Goals 2009Organizational Changes in Newspaper Firms and Their Relation to Performance 2006Ownership Structure of Publicly Traded Newspaper Companies and Their Financial Performance 1998Revisiting Corporate Newspaper Structure and Profit Making 1998Media Economics: Research Paradigms, issues, and Contributions to Mass Communication Theory 2012The Practice of Newspaper Ownership: Fifty Years of Control and Influence in the Swedish Local Press 2017U.S. Newspaper Editors’ Ratings of Social Media as Influential News Sources

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