An Analysis of REIT Security Issuance Decisions

By W. Boudry, Jarl G. Kallberg, Crocker H. Liu. 2010

164 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/45ab2fec2949738daa6fe7ff056fa08f43d5919b

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. Richard Chung
2. William M. Cheung
3. Scott Fung

In Finance

1. Richard Chung
2. William M. Cheung
3. Scott Fung

Citations in the corpus

• An Analysis of the Financing Decisions of REITs: The Role of Market Timing and Target Leverage (2010, unknown): “Two recent studies (Li et al. 2006; Boudry et al. 2007 ) have also examined the ability of the market timing theory of capital structure to explain the issuance decisions of REITs.”
• The effects of stock liquidity on firm value and corporate governance: Endogeneity and the REIT experiment (2015, background): “In the case of REITs, the high payout requirement not only forces REITs to maintain equity dependence (Boudry, Kallberg, and Liu, 2010; Hartzell et al., 2014), but also increases the opportunity of market monitoring by outside investors (Hartzell et al., 2008).”