Pettenuzzo Davide, Sabbatucci Riccardo, Timmermann Allan
Brandeis University, International Business School, United States of America.
Department of Finance, Stockholm School of Economics and Swedish House of Finance (SHoF), Drottninggatan 98, 111 60 Stockholm, Sweden.
Econ Lett. 2023 Mar;224:111024. doi: 10.1016/j.econlet.2023.111024. Epub 2023 Feb 8.
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.
我们提供了有关企业在新冠疫情爆发后暂停股息支付和股票回购的前所未有的速度的证据,将其与全球金融危机进行比较,并估计企业通过暂停派息节省的现金数额。