BM
Bakou Mertens
@bakoumertens.bsky.social
Econ PhD student @Ghent University.
Working with firm-level data on corporate finance without the self-serving blinds.
=> Corporate financialization, inequality and climate, but Interested in macro in general. Blogging at bakoumertens.quarto.pub
23 followers92 following4 posts
My first paper is out in Socio-Economic Review! doi.org/10.1093/ser/... Using firm-level data on all stock listed firms in the world I show that it is not the growth of shareholder remunerations that causes rising payout ratios, but precisely their inability to fall, their downward rigidity.
When shareholder power kicks in: corporate financialization as ratchet behaviour and sticky payouts
Abstract. The rise of payout ratios has been ascribed by financialization scholars to shareholder value orientation (SVO), a governance practice associated
BM
Bakou Mertens
@bakoumertens.bsky.social
Econ PhD student @Ghent University.
Working with firm-level data on corporate finance without the self-serving blinds.
=> Corporate financialization, inequality and climate, but Interested in macro in general. Blogging at bakoumertens.quarto.pub
23 followers92 following4 posts