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Payout suspensions during the Covid-19 pandemic

We provide evidence on the unprecedented rate at which firms suspended dividend payments and share repurchases following the outbreak of the Covid-19 pandemic, compare it to the Global Financial Crisis, and estimate the amount of cash firms saved through payout suspensions.

Detalles Bibliográficos
Autores principales: Pettenuzzo, Davide, Sabbatucci, Riccardo, Timmermann, Allan
Formato: Online Artículo Texto
Lenguaje:English
Publicado: The Author(s). Published by Elsevier B.V. 2023
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9904859/
https://www.ncbi.nlm.nih.gov/pubmed/36778079
http://dx.doi.org/10.1016/j.econlet.2023.111024