The scandals surrounding questionable accounting practices and corporate wrongdoing during 2000-2008 have often been attributed to the lack of effective internal controls. We examine the relations between national culture and the incidence and the number of reported internal control material...

Extreme risks associated with extraordinary market conditions are catastrophic for all investors. The ongoing financial crisis has perfectly exemplified this point. Surprisingly there are few studies exploring this issue for REITs. This study aims to close the knowledge gap. We conduct a...

"Tail dependence" characterizes the cross market linkages during stressful times. Analylzing tail dependence is of primary interest to portfolio managers who systematically monitor the co-movements of assets markets. However, the relevant literature on real estate securities markets is very...

During the recent COVID-19 pandemic crisis, several high-income countries pursued vaccine nationalism (i.e., my country first approaches for vaccine distribution), leading to an even wider income inequality between rich and poor countries. This significantly challenged the poorer countries'...