IDEAS home Printed from https://ideas.repec.org/a/taf/jmedec/v12y1999i1p1-18.html
   My bibliography  Save this article

Weathering A Recession: Effects of Size and Diversification on Newspaper Companies

Author

Listed:
  • Robert Picard
  • Tony Rimmer

Abstract

This article explores the impact of the recession of 1990-1991 on U.S. newspaper firms and seeks to determine whether the sizes of the firms or the degree of diversification affected their financial performance during the economic downturn. Using data from 15 publicly traded companies before, during, and after the recession, correlation and regression analyses were conducted to study the effects of the size and diversification variables. The authors conclude that larger firms were more affected by the recession than smaller firms and that nonnewspaper diversification reduced the effects of the recession. Larger firms were more rapidly affected by the recession, placed greater controls on expenses during the recession, and emerged from the recession more slowly than smaller newspaper firms.

Suggested Citation

  • Robert Picard & Tony Rimmer, 1999. "Weathering A Recession: Effects of Size and Diversification on Newspaper Companies," Journal of Media Economics, Taylor & Francis Journals, vol. 12(1), pages 1-18.
    • Handle: RePEc:taf:jmedec:v:12:y:1999:i:1:p:1-18
    DOI: 10.1207/s15327736me1201_1
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/doi/abs/10.1207/s15327736me1201_1
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1207/s15327736me1201_1?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Esteban-Bravo, Mercedes & Vidal-Sanz, Jose M. & Yildirim, Gökhan, 2015. "Historical impact of technological change on the US mass media advertising expenditure," Technological Forecasting and Social Change, Elsevier, vol. 100(C), pages 306-316.
    2. Kim, Hyunchul & Park, Minsoo & Lee, Sangwoo, 2017. "Do vertically and horizontally integrated firms survive longer? The case of cable networks in Korea," Information Economics and Policy, Elsevier, vol. 39(C), pages 84-93.
    3. Lamprinakis, Lampros, 2012. "Organizational Innovation and Institutional Change: The Case of Valio in Finland," International Journal on Food System Dynamics, International Center for Management, Communication, and Research, vol. 3(2), pages 1-11, December.
    4. Adcock, Christopher & Hua, Xiuping & Mazouz, Khelifa & Yin, Shuxing, 2014. "Does the stock market reward innovation? European stock index reaction to negative news during the global financial crisis," Journal of International Money and Finance, Elsevier, vol. 49(PB), pages 470-491.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:jmedec:v:12:y:1999:i:1:p:1-18. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/HMEC20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.