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Russian state companies, meanwhile, have shown poor capital discipline.
CAPITAL discipline is said to be the new mantra of "Big Oil".
Some producers, rethinking the growth-at-all-costs strategy, now preach "capital discipline".
"You've seen an increase in capital discipline," said Mr. McKissick, the fund manager.
Unexciting returns and our long-held concerns over capital discipline mean we remain sellers.
The profits are certainly breathtaking; and industry boosters argue that handing back cash to shareholders shows extraordinary capital discipline.
Similar(20)
We believe this will continue to act as a key driver to deliver continued capital expenditure discipline and underline its free cash flow recovery.
Tanger's balance sheet is also strong, helped by a strict capital market discipline: 94% of square footage is not encumbered by mortgages, providing the company with superior flexibility and access to liquidity, and able to generate considerable free cash flow to pay down debt, purchase new shares, or reinvest into the asset base.
While investors await this week's Q4 & Full-Year 2018 earnings… their Q3-18 (common) AFFO (adjusted funds from operations) per share increased 2.3% compared to the prior-year period, and their balance sheet was strong, helped by a strict capital market discipline: 94% of square footage is not encumbered by mortgages.
But there was still no sign in the capital that military discipline had weakened.
The importance of discipline, capital preservation, risk management, individual responsibility, flexibility, consistency and intellectual honesty runs across all disciplines.
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