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Payout suspensions during the Covid-19 pandemic.
Pettenuzzo, Davide; Sabbatucci, Riccardo; Timmermann, Allan.
  • Pettenuzzo D; Brandeis University, International Business School, United States of America.
  • Sabbatucci R; Department of Finance, Stockholm School of Economics and Swedish House of Finance (SHoF), Drottninggatan 98, 111 60 Stockholm, Sweden.
  • Timmermann A; Rady School of Management and Department of Economics, UC San Diego, United States of America.
Econ Lett ; 224: 111024, 2023 Mar.
Article in English | MEDLINE | ID: covidwho-2234376
ABSTRACT
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.
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Full text: Available Collection: International databases Database: MEDLINE Language: English Journal: Econ Lett Year: 2023 Document Type: Article Affiliation country: J.econlet.2023.111024

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Full text: Available Collection: International databases Database: MEDLINE Language: English Journal: Econ Lett Year: 2023 Document Type: Article Affiliation country: J.econlet.2023.111024