As interest in REIT shares grows among individual and institutional investors alike, questions surrounding the comparative performance of different types of REITs have taken on added importance. The corporate finance literature has produced some evidence that diversified firms trade at a...

During the last three decades the privatization or outsourcing of what has traditionally been considered public goods and services has become commonplace. Many claim that privatization originated in the U.S.; some say that it started in Great Britain. Wherever it began, the forces and factors...