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FTSE firms 'cannibalising' accounts to boost shareholder dividends


Britain faces a repeat of the Carillion collapse because big companies have cannibalised their balance sheets to boost dividends to shareholders, a report has warned. 
Firms have increasingly focused on artificially driving up share prices using debt and takeovers, says think-tank Productivity Insights Network.
Concern: Firms have increasingly focused on artificially driving up share prices using debt and takeovers
It said the rate of increase in dividends and share buybacks over the past decade, which have totalled £1trillion in that time, had far exceeded the rate of profit growth. 
Professor Richard Murphy, one of the authors of the report, said: Businesses that pay out more than they earn cannot survive in the long term.  ....

United Kingdom , Richard Murphy , Productivity Insights Network , Productivity Insights , ஒன்றுபட்டது கிஂக்டம் , ரிச்சர்ட் மர்பி , ப்ரோடுக்டிவிடீ நுண்ணறிவு வலைப்பின்னல் , ப்ரோடுக்டிவிடீ நுண்ணறிவு ,