Results 31 to 40 of about 47,341 (226)

Modeling Long Memory in REITs [PDF]

Real Estate Economics, 2007
One stylized feature of financial volatility impacting the modeling process is long memory. This article examines long memory for alternative risk measures, observed absolute and squared returns for Daily Equity real estate investment trust (REITs) and compares the findings for a market equity index.
Cotter, John, Simon Stevenson, Simon
openaire   +6 more sources

Sequencing Finance for Climate Resilience: Instruments, Institutions and Hong Kong's Role in Mobilising Private Capital in Southeast Asia

Business Strategy and the Environment, EarlyView.
ABSTRACT This paper investigates innovative financing strategies to mobilise private capital for climate adaptation, emphasising Hong Kong's role in advancing efforts across Southeast Asia. Using expert interviews and case studies, it addresses two key questions: which financial instruments can strengthen public–private collaboration, and what best ...
Laurence L. Delina, Madeleine Rachel Widia, Olivia Felice Janice Boedijanto, Sharon Feliza Ann P. Macagba, Johanne Rei R. Castro, Rainbow Yi Hung Lam   +5 more
wiley   +1 more source

DO INTERNALLY MANAGED REITS MANAGE EARNINGS MORE THAN EXTERNALLY MANAGED REITS?

Redefining the Future of Real Estate in Africa: the 21st Annual AfRES Conference, 2022
Abstract The purpose of the paper was to provide an empirical examination of earnings management among internally and externally managed REITs. The empirical accounting literature claims that internal management of a firm does not constrain earnings management, while others argue in favor of internal management for firms.
Oluwaseun Damilola Ajayi, Omokolade Akinsomi   +1 more
openaire   +2 more sources

ESG Assurance and Dividends: Evidence From 18 Countries in Africa

Business Strategy and the Environment, EarlyView.
ABSTRACT This study examines the impact of environmental, social and governance (ESG) assurance on a firm's dividend payout policies within the unique African context. Using a staggered difference‐in‐differences (DiD) model, this study examines how voluntary third‐party assurance of ESG reports influences firms' dividend payout policies compared to ...
Samuel Karanja Kogi, June Cao
wiley   +1 more source

A Deep Learning Framework for Forecasting Medium‐Term Covariance in Multiasset Portfolios

Journal of Forecasting, EarlyView.
ABSTRACT Forecasting the covariance matrix of asset returns is central to portfolio construction, risk management, and asset pricing. However, most existing models struggle at medium‐term horizons, several weeks to months, where shifting market regimes and slower dynamics prevail.
Pedro Reis, Ana Paula Serra, João Gama
wiley   +1 more source

Tail risk diversification strategy with flight-from-loss approach: Evidence from U.S. REITs

International Journal of Strategic Property Management
This study introduces a novel portfolio allocation strategy, the flight-from-loss approach, designed to diversify tail risk in the REIT market. The strategy reallocates capital toward assets that have historically outperformed during periods of extreme ...
Kang Mo Koo, Jeongseop Song
doaj   +1 more source

On the global integration of REITs market returns: A multiresolution analysis

Cogent Economics & Finance, 2019
This paper explores dynamic correlation and interdependence of five global REIT markets using multivariate wavelet methods. United States, Hong Kong, Belgium, South Africa and Australia’s daily REITs returns are used as proxies for North America, Asia ...
Kola Ijasan, George Tweneboah, Maurice Omane-Adjepong, Peterson Owusu Junior   +3 more
doaj   +1 more source

Foreign investment and the Brazilian real estate market

International Journal of Strategic Property Management, 2008
This article discusses the main aspects of the Brazilian real estate market in order to illustrate if it would be attractive for a typical American real estate investor to buy office‐building portfolios in Brazil.
João da Rocha Lima Jr., Claudio Tavares de Alencar   +1 more
doaj   +1 more source

Curious and analytical: How analysts evaluate and respond to executive communications about firm strategy

Strategic Management Journal, EarlyView.
Abstract Research Summary How do analysts react to communication about firms' strategies? Research has shown that executive communication influences markets, but we know little about reactions to the deeper strategy content communicated. Drawing from research on how evaluative frames and expectation violations shape cognition, we show that when ...
John C. Eklund, Michael J. Mannor
wiley   +1 more source

Pass-through business entity choice and earnings management: evidence from UK real estate investment trust conversion

International Journal of Strategic Property Management, 2022
This empirical study innovatively investigates how the choice of a pass-through business entity and corresponding regulatory regime influence firms’ earnings management (EM) behaviors by testing on the UK Real Estate Investment Trust (REIT) conversion ...
Jian Liang, Zhi Dong, Mo Zheng
doaj   +1 more source