Corporate payout, cash holdings, and the COVID-19 crisis: Evidence from the G-7 countries

Christos Ntantamis, Jun Zhou

Producción científica: Contribución a una revistaArtículorevisión exhaustiva

20 Citas (Scopus)

Resumen

This paper examines the impact of the COVID-19 pandemic on the adjustments of dividends and share repurchases of publicly listed firms in the G-7 countries. Firms in the United Kingdom, Germany, France, and Italy experienced a widespread cut in dividends, while firms in the United States and Canada cut cash payout more via share repurchases, with Japanese firms in between. Corporate cash holdings helped mitigate the negative impact of COVID on payout adjustments, but the impact was less significant for European firms.

Idioma originalEnglish
Número de artículo103275
PublicaciónFinance Research Letters
Volumen50
DOI
EstadoPublished - dic. 2022

Nota bibliográfica

Funding Information:
The authors are grateful for comments received from three reviewers. Jun Zhou gratefully recognizes the financial support of the Rowe Research Grant provided by Dalhousie University.

Publisher Copyright:
© 2022

ASJC Scopus Subject Areas

  • Finance

PubMed: MeSH publication types

  • Journal Article

Huella

Profundice en los temas de investigación de 'Corporate payout, cash holdings, and the COVID-19 crisis: Evidence from the G-7 countries'. En conjunto forman una huella única.

Citar esto