How the pursuit of shareholder value weakened the economy

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Shareholder payouts at Britain’s biggest companies have risen more than six times faster than workers’ wages since 2014, according to a study that shows how investors have won the largest slice of company profits in recent years. Returns to shareholders at FTSE 100 companies increased by 56% between 2014 and 2018, while wages edged up by just 8.8%, the report says. Firms maintained shareholder dividends and share buybacks “regardless of company performance” through good times and bad.

Shareholder payouts have risen 6.4 times faster than wages – TUC | Money | The Guardian