Widmer, Severin Oliver; Halberkann, Jérôme - In: Three essays on capital market effects of accounting …, (pp. 91-142). 2017
recommendations (BPR) issued by the European Public Real Estate Association (EPRA). Our results show that EPRA NAV and EPRA NNNAV are … both relatively and incrementally value relevant. Further, our results show that firms’ increased (decreased) EPRA BPR … cost of capital. Lastly, we find that debt offering plans are positively associated with first-time adoption of EPRA BPR …