Shareholder Wealth Effects of Private Placements of Debt Made By REITs.
This study examined both the short-run and long-run shareholder wealth effects of private placements of debt made by Real Estate Investment Trusts (REITs). The authors found that there is no significant market reaction to the placement. One-year and three-year adjusted abnormal returns were found to...
| Main Authors: | , , |
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| Format: | |
| Language: | English |
| Published: |
2006
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| Online Access: | http://ezproxy.villanova.edu/login?url=https://digital.library.villanova.edu/Item/vudl:177092 |