Long Run Underperformance in REITs Following Seasoned Equity Offerings.

This study examines the long-run performance of real estate investment trusts (REITs) following seasoned equity offerings (SEOs). Over 61% of the 178 REITs examined underperform an index of REITs for the first year after the issue, and over 72% of the firms underperform the index for three years fol...

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Bibliographic Details
Main Authors: Howton, Shawn D., Howton, Shelly W., Friday, H. Swint.
Format: Villanova Faculty Authorship
Language:English
Published: 2000
Online Access:http://ezproxy.villanova.edu/login?url=https://digital.library.villanova.edu/Item/vudl:177089