Seiler, Michael J.; Chatrath, Arjun; Webb, James R. - In: Journal of Real Estate Research 22 (2001) 1/2, pp. 199-212
Many corporations own a significant amount of real assets and this includes real estate. However, the effect of real asset ownership on the risk and return for a firm’s stockholders is unknown. This study attempts to ascertain the effect, if any, of corporate real asset ownership on the...
