This article reviews research on the economics of information in real estate. It covers equity
investment in private and public markets and intermediation by brokers. The review shows …

Firms that undertake corporate events often exhibit atypical financial characteristics, such
that future performance might be expected to change even before the event is announced. I …

Despite the increasing number of studies investigating technological portfolios of firms, the
effects of technological diversification on performance remain unclear. This study is an …

This study examines the stock price reactions on announcements of both equity and debt
offerings by European property companies. The unique setting in which corporate tax rates …

This study investigates the effect of institutional ownership on improving firm efficiency of
equity Real Estate Investment Trusts (REITs), using a stochastic frontier approach. Firm …

This paper explores the relationship between distress risk and stock return on equity REITs
from 1982 to 2017. The distress risk measures such as expected default frequency and …

Researchers have been interested in investigating the role of Real Estate Investment Trusts
(REITs) in institutional portfolios since their debut in the financial market over four decades …

A leading explanation for IPO cycles is time‐varying supply and demand for the underlying
assets of the firms that are considering going public. We test this hypothesis using REIT …

We examine the market reaction to announcements of actual share repurchases, events that
cluster both within and across firms. Using a multivariate regression model, we find that the …

We examine the operating performance of equity REITs following seasoned equity offerings
from 1990–2007. This study uses a variety of measures of operating cash flow and …