Inside Ownership, Risk Sharing and Tobin's q -Ratios: Evidence from REITs
dc.contributor.author | Capozza, Dennis R. | en_US |
dc.contributor.author | Seguin, Paul J. | en_US |
dc.date.accessioned | 2010-06-01T20:43:31Z | |
dc.date.available | 2010-06-01T20:43:31Z | |
dc.date.issued | 2003-09 | en_US |
dc.identifier.citation | Capozza, Dennis R.; Seguin, Paul J. (2003). "Inside Ownership, Risk Sharing and Tobin's q -Ratios: Evidence from REITs." Real Estate Economics 31(3): 367-404. <http://hdl.handle.net/2027.42/73828> | en_US |
dc.identifier.issn | 1080-8620 | en_US |
dc.identifier.issn | 1540-6229 | en_US |
dc.identifier.uri | https://hdl.handle.net/2027.42/73828 | |
dc.format.extent | 217461 bytes | |
dc.format.extent | 3109 bytes | |
dc.format.mimetype | application/pdf | |
dc.format.mimetype | text/plain | |
dc.publisher | Blackwell Publishing, Inc. | en_US |
dc.rights | 2003 by the American Real Estate and Urban Economics Association | en_US |
dc.title | Inside Ownership, Risk Sharing and Tobin's q -Ratios: Evidence from REITs | en_US |
dc.type | Article | en_US |
dc.subject.hlbsecondlevel | Economics | en_US |
dc.subject.hlbtoplevel | Business | en_US |
dc.description.peerreviewed | Peer Reviewed | en_US |
dc.contributor.affiliationum | University of Michigan Business School, Ann Arbor | en_US |
dc.contributor.affiliationother | Carlson School of Management, Minneapolis | en_US |
dc.description.bitstreamurl | http://deepblue.lib.umich.edu/bitstream/2027.42/73828/1/1540-6229.00070.pdf | |
dc.identifier.doi | 10.1111/1540-6229.00070 | en_US |
dc.identifier.source | Real Estate Economics | en_US |
dc.identifier.citedreference | Benveniste, L., D.R. Capozza, R. Kormendi and W. Wilhelm. 1994. Contract Design for Problem Asset Disposition. Journal of the American Real Estate and Urban Economics Association 22: 149 – 167. | en_US |
dc.identifier.citedreference | Benveniste, L., D.R. Capozza and P.J. Seguin. 2000. The Value of Liquidity. Real Estate Economics 29: 633 – 660. | en_US |
dc.identifier.citedreference | Bhasin, V., R.A. Cole and J.K. Kiely. 1997. Changes in REIT Liquidity 1990–1994: Evidence from Intra-day Transactions. Real Estate Economics 25: 615 – 630. | en_US |
dc.identifier.citedreference | Bradley, M.J., D.R. Capozza and P.J. Seguin. 1998. Dividend Policy and Cash Flow Uncertainty. Real Estate Economics 26: 555 – 580. | en_US |
dc.identifier.citedreference | Campbell, R.D., C. Ghosh and C.F. Sirmans. 1998. The Great REIT Consolidation: Fact or Fancy ? Real Estate Finance 15: 45 – 54. | en_US |
dc.identifier.citedreference | Cannon, S.E. and S.C. Vogt. 1995. REITs and Their Management: An Analysis of Organizational Structure, Performance and Management Compensation. Journal of Real Estate Research 10: 297 – 317. | en_US |
dc.identifier.citedreference | Capozza, D.R. and S. Lee. 1995. Property Type, Size and REIT Value. Journal of Real Estate Research 10: 363 – 379. | en_US |
dc.identifier.citedreference | Capozza, D.R. and P.J. Seguin. 1998. Managerial Style and Firm Value. Real Estate Economics 26: 131 – 150. | en_US |
dc.identifier.citedreference | Capozza, D.R. and P.J. Seguin. 1999. Focus, Transparency and Value. Real Estate Economics 27: 587 – 620. | en_US |
dc.identifier.citedreference | Capozza, D.R. and P.J. Seguin. 2000. Debt, Agency and Management Contracts in REITs: The External Advisor Puzzle. Journal of Real Estate Finance and Economics 20: 91 – 116. | en_US |
dc.identifier.citedreference | Capozza, D.R. and P.J. Seguin. 2001. Why Focus Matters. Real Estate Finance 17 ( 4 ): 7 – 15. | en_US |
dc.identifier.citedreference | Chan, S.H., J. Erickson and K. Wang. 2003. Real Estate Investment Trusts: Structure, Performance, and Investment Opportunities. Oxford University Press: Oxford. | en_US |
dc.identifier.citedreference | Clayton, J. and G. MacKinnon. 2000. Measuring and Explaining Changes in REIT Liquidity: Moving Beyond the Bid–Ask Spread. Real Estate Economics 28: 89 – 115. | en_US |
dc.identifier.citedreference | Friday, H.S., G.S. Sirmans and C.M. Conover. 1999. Ownership Structure and the Value of the Firm: The Case of REITs. Journal of Real Estate Research 17: 71 – 90. | en_US |
dc.identifier.citedreference | Greene, W. 2002. Econometric Analysis. 5th ed. Prentice Hall. | en_US |
dc.identifier.citedreference | Howe, J.S. and J.D. Shilling. 1990. REIT Advisor Performance. American Real Estate and Urban Economics Association Journal 18: 479 – 500. | en_US |
dc.identifier.citedreference | Hsieh, C.-H. and C.F. Sirmans. 1991. REITs as Captive-financing Affiliates: Impact on Financial Performance. Journal of Real Estate Research 6: 179 – 189. | en_US |
dc.identifier.citedreference | Jennings, W.W., K. Schnatterly and P.J. Seguin. 2002. Institutional Ownership, Information and Liquidity. Advances in Financial Economics 7: 41 – 72. | en_US |
dc.identifier.citedreference | Jensen, M.C. and W.H. Meckling. 1976. Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure. Journal of Financial Economics 3: 305 – 360. | en_US |
dc.identifier.citedreference | Lindenberg, E.B. and S.A. Ross. 1981. Tobin's q Ratio and Industrial Organization. Journal of Business 54: 1 – 32. | en_US |
dc.identifier.citedreference | Malkiel, B.G. 1995. The Structure of Closed-end Fund Discounts Revisited. Journal of Portfolio Management 21: 32 – 38. | en_US |
dc.identifier.citedreference | Myers, S.C. 2000. Outside Equity. Journal of Finance 55: 1005 – 1037. | en_US |
dc.identifier.citedreference | Petersen, M.A. and D. Fialkowski. 1994. Posted versus Effective Spreads: Good Prices or Bad Quotes ? Journal of Financial Economics 35: 269 – 292. | en_US |
dc.identifier.citedreference | Pontiff, J. 1995. Closed-end Fund Premia and Returns: Implications for Financial Market Equilibrium. Journal of Financial Economics 37: 341 – 370. | en_US |
dc.identifier.citedreference | Shavell, S. 1979. Risk Sharing and Incentives in the Principle and Agent Relationship. Bell Journal of Economics 10: 55 – 73. | en_US |
dc.owningcollname | Interdisciplinary and Peer-Reviewed |
Files in this item
Remediation of Harmful Language
The University of Michigan Library aims to describe library materials in a way that respects the people and communities who create, use, and are represented in our collections. Report harmful or offensive language in catalog records, finding aids, or elsewhere in our collections anonymously through our metadata feedback form. More information at Remediation of Harmful Language.
Accessibility
If you are unable to use this file in its current format, please select the Contact Us link and we can modify it to make it more accessible to you.