In this study we compare the returns earned by investments in publicly traded limited partnerships (PTLPs), finite life equity REITs, and traditional equity REITs with those resulting from investing in common stocks (proxied by closed-end mutual funds). Performance comparisons are made using...

This article reports the findings of the authors' study of the stock market reaction to 345 strategic alliances announced during the period 1983-1992. The study reports statistically significant gains that, when translated into dollars, are divided roughly evenly between the larger and smaller...

Most large firms are not large, single station facilities… Large size is the result of joining a series of stations within a single administrative entity…The interfaces between stations could instead be mediated by market exchanges. 1991 Morgan Stanley.