Shortly before of the beginning of the global financial crisis of 2008 REITs were introduced in several European countries based on their success in mature markets like the US, Australia and some Asian countries. While the history of REITs in Europe has been relatively brief, REITs are well on...

The purpose of the paper is to investigate the value relevance of intellectual capital for the Italian investors. The paper uses the Ohlson model (1995) draws on 360 firm-year observations of the publicly listed companies on the Italian Stock Exchange between the years 2006 at 2008. It is...