REITs, IPO Waves, and Long Run Performance
本文檔由 enbook 分享于2010-11-03 02:35
The Real Estate Investment Trust (REIT) industry has undergone three waves of Initial Public Offering (IPO) since <br />1980. In this paper we examine these waves within the context of the general IPO wave literature. We note that the unique nature of REITs may render them more transparent than other stocks, and that this may affect their IPO perfor..