Corporate Governance of Real Estate Investment Trusts

Paperback Engels 2016 9783658140915
Verwachte levertijd ongeveer 9 werkdagen

Samenvatting

Nicolai C. Striewe analyzes potential opportunistic behavior of REIT managers and provides empirical evidence on the effectiveness of institutional monitoring as a corporate governance mechanism. The author also suggests ways to promote sustainable management by means of institutional participation. The results of his study provide valuable insights to enhance corporate governance, transparency and efficiency in the REIT market. They encourage (a) academics to include a behavioral component into studies of the REIT market, (b) REIT managers to incorporate effective monitoring and control mechanisms, (c) investors to become more aware of agency conflicts in REITs and (d) policy makers to facilitate a legal framework conducive to a sustainable REIT market.

Specificaties

ISBN13:9783658140915
Taal:Engels
Bindwijze:paperback
Uitgever:Springer Fachmedien Wiesbaden

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Inhoudsopgave

Introduction.- Corporate Governance and REITs.- Corporate Governance and the Leverage of REITs: The Impact of the Advisor Structure.- The Impact of Institutional Ownership on the Performance of REITs and REOCs: The Corporate Governance Effect.- What Drives Institutions to Invest in REITs.- Summary, Practical Implications, and Outlook.

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        Corporate Governance of Real Estate Investment Trusts