Showing 1 - 10 of 165,031
This paper investigates the effects of the Italian real estate funds governance and intermediation structure on market prices discount over Nav figures.The hypothesis is that the mandatory provision of a shareholders' meeting of newly established Reits offers potential protection to investors...
Persistent link: https://www.econbiz.de/10013039092
Although the internal rate of return (IRR) represents the most widely used measure of performance, some controversy issues about its interpretation as real estate funds performance ratio, are here debated. The aim of the paper is to review these issues and, at the same time, to suggest some IRR...
Persistent link: https://www.econbiz.de/10013160021
In contrast to the US experience, most international (European) REITs are subject to prudential regulation. This paper …
Persistent link: https://www.econbiz.de/10013148879
submitted its report in 2013 and four of its members recorded dissenting notes. This paper examines the changes in regulation in …
Persistent link: https://www.econbiz.de/10011483647
This Article argues for a new regulatory approach that could both increase market efficiency and protect informational privacy in the modern information economy. It explores that approach - information intermediation, or infomediation - in the context of the current debates about re-engineering...
Persistent link: https://www.econbiz.de/10013156933
This paper documents the long-run effects of an important reform of capital regulation for U.S. insurance companies in …-yield) MBS post reform. Our findings are consistent with the view that the regulation and supervision of the U.S. insurance …
Persistent link: https://www.econbiz.de/10012842721
Persistent link: https://www.econbiz.de/10012900571
This paper analyses the impact of the evolution of the regulation dealing with systemically important insurance groups …
Persistent link: https://www.econbiz.de/10013005390
This paper uses three alternating changes in hedge fund regulation to study whether regulation reduces hedge funds …' misreporting, and, if so, why regulation is effective. Relative to public companies, hedge fund regulation is relatively light …, providing that they disclose their lack of compliance. The results show that regulation reduces misreporting at hedge funds …
Persistent link: https://www.econbiz.de/10012861837
, the European Union has engaged in an ambitious overhaul of banking regulation. One of its centerpieces, the 2013 Fourth …
Persistent link: https://www.econbiz.de/10013056692