Payout suspensions during the Covid-19 pandemic

C-Tier

Journal: Economics Letters

Year: 2023

Volume: 224

Issue: C

Authors (3)

Pettenuzzo, Davide (Brandeis University) Sabbatucci, Riccardo (not in RePEc) Timmermann, Allan (not in RePEc)

Score contribution per author:

0.335 = (α=2.01 / 3 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

View Full Article View on IDEAS/RePEc

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.

Payout suspensions during the Covid-19 pandemic

Authors (3)

Abstract

Technical Details