Happ, Christian; Schiereck, Dirk - In: Journal of European Real Estate Research 10 (2017) 2, pp. 170-194
Purpose This paper aims to analyze the effects on shareholder value caused by the announcement of seasoned equity offerings (SEOs) by real estate firms from 12 European countries. Design/methodology/approach A 4-factor model event study is conducted to assess the impact of SEO announcements on...