Corporate Real Estate Holdings and the Cross-Section of Stock Returns

By Selale Tuzel. 2010

150 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/1b7182e21aa8a93031f12a6ca2a2a57237314c3f

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. Lu Zhang
2. Christopher S. Jones
3. Kewei Hou
4. Chen Xue
5. Selale Tuzel
6. L. Gu
7. Garland B. Durham
8. Xiaoji Lin

In Finance

1. Chen Xue
2. Selale Tuzel
3. Christopher S. Jones
4. Kewei Hou
5. Lu Zhang
6. Xiaoji Lin
7. L. Gu
8. Dongmei Li

Citations in the corpus

• The Impact of Brand Quality on Shareholder Wealth (2011, unknown): “This is because while an asset might increase stock returns, it could also increase the risk of stock returns (e.g., Osinga et al. 2010; Tuzel 2010).”
• Inventory Investment and the Cost of Capital (2013, methodology): “The pricing kernel, similar to those of Berk, Green, and Naik (1999) and Zhang (2005), generates realistic asset pricing implications, such as the level, volatility, and predictability of excess stock market returns. Our stochastic wage rate follows Bazdresch, Belo, and Lin (2009) in postulating a p”
• A Comparison of New Factor Models (2017, background): “1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 Sue1 Sue6 Abr1 Abr6 Abr12 Re1 Re6 Re12 R61 R66 R612 R111 R116 Im1 Im6 Im12 Rs1 Rs6 βMKT 0.01 0.02 −0.07 −0.01 0.00 0.01 0.02 −0.02 −0.23 −0.05 −0.02 −0.10 −0.03 −0.15 −0.06 −0.03 −0.03 −0.03 βME −0.05 −0.09 0.11 0.13 0.09 0.05 0.00 −0.03 0.52 0.46 0.31 0.”
• Firm-Level Productivity, Risk, and Return (2014, unknown): “…predictions of production- based asset pricing models used in Zhang (2005) to explain the value premium; in Bazdresch, Belo, and Lin (2010) for investment and hiring behavior; in Jones and Tüzel (Forthcoming) and Belo and Lin (2012) for inventory investment; and Tüzel (2010) for real estate ratio.”
• Brand Capital and Firm Value (2014, unknown): “We show that brand capital stock is a firm characteristic Zhang (2005), Gala (2006), Xing (2009), Li, Livdan and Zhang (2009), Bazdresch, Belo and Lin (2010), Lin (2010), Tuzel (2010), Tuzel and Imrohoroglu (2011), Belo and Lin (2011), among others.”
• An Augmented q-Factor Model with Expected Growth* (2020, unknown): “…Quarterly operating leverage (12-month period) Hs Industry concentration (sales), Hou and Robinson (2006) Rer Real estate ratio, Tuzel (2010) Eprd Earnings predictability, Francis et al. (2004) Etl Earnings timeliness, Francis et al. (2004) Almq1 Quarterly market assets…”
• The Macroeconomic Effects of Housing Wealth, Housing Finance, and Limited Risk Sharing in General Equilibrium (2017, unknown): “Vissing-Jorgensen (2002) …nds support for the presence of a …xed, per period participation cost, but not for the hypothesis of variable costs.”