Anomalous Evidence on Operating Performance Following Seasoned Equity Offerings: The Case of REITS.

We examine the operating performance of 200 equity real estate investment trusts (REITs) following seasoned equity offerings (SEO) made between 1990 and 1996. Our sample shows flat to increasing levels of operating performance changes prior to the SEO; and increasing raw performance changes and flat...

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Bibliographic Details
Main Authors: Friday, H. Swint., Howton, Shawn D., Howton, Shelly W.
Format: Villanova Faculty Authorship
Language:English
Published: 2000
Online Access:http://ezproxy.villanova.edu/login?url=https://digital.library.villanova.edu/Item/vudl:177120