The article references Kahle's 2020 article Why are Corporate Payouts So High in the 2000s? which she co-authored with Ohio State University’s René M. Stulz. In the article, Kahle and Stulz give evidence that overall corporate payouts to shareholders are up in the 21st century and that stock buybacks are the primary reason.
“They calculate that total payouts from corporation shareholders from 2000-2017 were about $10 trillion,” the article reads.
Kathleen Kahle joined the Eller College of Management as associate professor in 2003 and was appointed the Thomas C. Moses Professor in Finance in 2014. Her research interests are around corporate finance, capital structure, securities issues, repurchases and insider trading. Her previous teaching experience includes the University of Pittsburgh. She earned her PhD in Finance from The Ohio State University in 1996.