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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.
Autores principales: | Pettenuzzo, Davide, Sabbatucci, Riccardo, Timmermann, Allan |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
The Author(s). Published by Elsevier B.V.
2023
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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 |
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