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Geographic diversification in real estate investment trusts
14 references·3 citing·54 second hopsampled
Geographic diversification in real estate investment trusts (2019)Geographic diversification in real estate…The effect of voluntary disclosure on stock liquidity: New evidence from index funds (2016)The effect of voluntary discl…The effect of institutional ownership on firm transparency and information production (2015)The effect of institutional o…Institutional investors as monitors of corporate diversification decisions: Evidence from real estate investment trusts (2013)Institutional investors as mo…Corporate Diversification and the Cost of Capital (2011)Corporate Diversification and…AN OVERVIEW OF EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS): 1993–2009 (2011)AN OVERVIEW OF EQUITY REAL ES…Wealth Effects of Diversification and Financial Deal Structuring: Evidence from REIT Property Portfolio Acquisitions (2003)Wealth Effects of Diversifica…The Effects of Geographic Expansion on Bank Efficiency (2001)The Effects of Geographic Exp…Corporate Structure and Equity Offerings: Are There Benefits to Diversification? (2001)Corporate Structure and Equit…REIT Economies of Scale: Fact or Fiction? (2000)REIT Economies of Scale: Fact…REIT Characteristics and the Sensitivity of REIT Returns (2000)REIT Characteristics and the …Focus, Transparency and Value: The REIT Evidence (1999)Focus, Transparency and Value…Managerial Style and Firm Value (1998)Managerial Style and Firm Val…Systematic Risk and Diversification in the Equity REIT Market (1996)Systematic Risk and Diversifi…A PURE FINANCIAL RATIONALE FOR THE CONGLOMERATE MERGER (1971)A PURE FINANCIAL RATIONALE FO…Local Beta: Has Local Real Estate Market Risk Been Priced in REIT Returns? (2022)Local Beta: Has Local Real Es…Rewarding a Long-Term Investment Strategy: REITs (2021)Rewarding a Long-Term Investm…Distance to Headquarter and Real Estate Equity Performance (2020)Distance to Headquarter and R…CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets (1965)Common risk factors in the returns on stocks and bonds (1993)REITs and Idiosyncratic Risk (2004)Monetary Shocks and REIT Returns (2006)Using ridge regression with genetic algorithm to enhance real estate appraisal forecasting (2012)The relationship between return and market value of common stocks (1981)Size-related anomalies and stock return seasonality (1983)Smoothing in appraisal-based returns (1991)Risk-Adjusted Performance of Real Estate Stocks: Evidence from Developing Markets (2004)Performance differences in property‐type diversified versus specialized real estate investment trusts (REITs) (2008)Efficiency of financial institutions: International survey and directions for future research (1997)Inside the black box: What explains differences in the efficiencies of financial institutions? (1997)Problem loans and cost efficiency in commercial banks (1997)Cross-border bank mergers: What lures the rare animal? (2003)Borrower–lender distance, credit scoring, and loan performance: Evidence from informational-opaque small business borrowers (2007)International Comparisons of Banking Efficiency (2007)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Diversification's effect on firm value (1995)Agency costs of free cash flow, corporate finance, and takeovers (1996)The Diversification Discount: Cash Flows Versus Returns (2001)Public Versus Private Real Estate Equities: A More Refined, Long-Term Comparison (2005)Determinants of Corporate Diversification: Evidence From the Property–Liability Insurance Industry (2011)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)The option pricing model and the risk factor of stock (1976)Corporate focus and stock returns (1995)Curvilinearity in the diversification-performance linkage: an examination of over three decades of research (2000)The cost of capital, corporation finance and the theory of investment (2008)The Nature of the Firm (1937)The Cross-Section of Expected Stock Returns (1992)Resource Allocation within Firms and Financial Market Dislocation: Evidence from Diversified Conglomerates (2014)Climate risk: The price of drought (2020)ESG Disclosure, REIT Debt Financing and Firm Value (2021)Large Shareholders and Corporate Control (1986)Tobin's q, Corporate Diversification, and Firm Performance (1994)The effects of stock liquidity on firm value and corporate governance: Endogeneity and the REIT experiment (2015)Do institutional blockholders influence corporate investment? Evidence from emerging markets (2018)A First Look at the Impact of COVID-19 on Commercial Real Estate Prices: Asset-Level Evidence (2020)Corporate financing and investment decisions when firms have information that investors do not have (1984)Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have (1984)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)ESG performance and firm value: The moderating role of disclosure (2017)Anticompetitive Effects of Common Ownership (2018)Institutional shareholders and corporate social responsibility (2019)On Persistence in Mutual Fund Performance (1997)Illiquidity and stock returns: cross-section and time-series effects (2002)Shareholder activism and voluntary disclosure (2017)Institutional Investor Attention and Firm Disclosure (2020)Shall We Talk? The Role of Interactive Investor Platforms in Corporate Communication (2020)Markets and Hierarchies: Analysis and Antitrust Implications. (1976)Explaining the Diversification Discount (2001)Corporate Diversification and Credit Constraints: Real Effects across the Business Cycle (2006)Debt, diversification and earnings management (2009)The Econometrics of Financial Markets (2012)
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References

  • 1971A PURE FINANCIAL RATIONALE FOR THE CONGLOMERATE MERGER1,189 cited
  • 2015The effect of institutional ownership on firm transparency and information production1,008 cited
  • 2001The Effects of Geographic Expansion on Bank Efficiency374 cited
  • 2011Corporate Diversification and the Cost of Capital332 cited
  • 2016The effect of voluntary disclosure on stock liquidity: New evidence from index funds221 cited
  • 1999Focus, Transparency and Value: The REIT Evidence176 cited
  • 2001Corporate Structure and Equity Offerings: Are There Benefits to Diversification?168 cited
  • 2000REIT Characteristics and the Sensitivity of REIT Returns162 cited
  • 1996Systematic Risk and Diversification in the Equity REIT Market150 cited
  • 2013Institutional investors as monitors of corporate diversification decisions: Evidence from real estate investment trusts138 cited
  • 2011AN OVERVIEW OF EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS): 1993–2009113 cited
  • 2000REIT Economies of Scale: Fact or Fiction?95 cited
  • 1998Managerial Style and Firm Value65 cited
  • 2003Wealth Effects of Diversification and Financial Deal Structuring: Evidence from REIT Property Portfolio Acquisitions57 cited

Cited by

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2022
Local Beta: Has Local Real Estate Market Risk Been Priced in REIT Returns?
31 cited
  • 2021Rewarding a Long-Term Investment Strategy: REITs28 cited
  • 2020Distance to Headquarter and Real Estate Equity Performance26 cited