Portal de Periódicos da CAPES

Case Study 1: The New York Times Company—The Evolution of a Publicly Traded Family Firm Via Changes in Corporate Governance and Strategies

2020; Springer International Publishing; Linguagem: Inglês

10.1007/978-3-030-47778-3_10

2192-4341

Veland Ramadani, Esra Memili, Ramo Palalić, Erick P. C. Chang,

Family Business Performance and Succession

The New York Times Company is a mass media company headquartered in Manhattan , New York , which publishes its newspaper, with global readers and audiences. The paper has won a record number (127) of Pulitzer Prizes by 2020. Aside from the newspaper, the company also owns and their related digital properties including NYTimes.com , along with other brand-associated properties. The company was founded by Henry Jarvis Raymond and George Jones in New York City in late 1800s. Adolph Ochs purchased The New York Times newspaper in 1896. In 1960s, the company has been publicly traded and listed in the New York Stock Exchange under the symbol NYT. The company provides two categories of the company stock, Class A and Class B. The former is publicly traded and the latter is held mostly by the Ochs-Sulzberger family.