Recent research documents the superiority of dividend-yield based trading rules over a buy-and-hold strategy in the U.S. and Finland. We extend the international evidence on the superiority of dividend-yield based trading rules by examining whether the trading rules outperform a buy-and-hold...

This study examines changes in operating performance among real estate investment trusts following an initial public offering (IPO). The purpose is to determine whether there is an enhancement in the value of the underlying asset that is related to the IPO. We separately analyze equity, mortgage...

The purpose of this study is to examine the relationships between financial performance, firm size, and executive compensation among firms in the real estate industry. Previous analyses of compensation have not been industry specific. The findings indicate that there is a significant...