The systematic shift between the monies flowing to owners and the monies remaining with corporations suggests to me that owners view the distinction as relevant. The standard productivist conception would identify retained earnings as useful for investment in productive assets. A business/industry based analysis would draw other conclusions. I haven’t thought explicitly about the owner-corporation distinction from a CasP perspective. But I do think identifying how monies flow through the corporation is a good empirical starting point
Can we find here a start to a power analysis between owners and executives? Let say our corporation is considered Introvert. The owners, on the other hand, look for economy-wide investment portfolios (so dividends are required) . And on top of that, executives are making money using intenal-industry benchmarks for bonuses which the (much more universal) owners think is misguided.
Does it make sense to look on [dividends/retained earnings] as a proxy for the power of the two groups?