This study examines the determinants of real estate investment trust (REIT) capital structure
decisions from 1990 to 2008. Using a broad sample of 2,409 firm‐year observations, we find …

Using computer based content analysis, we quantify the linguistic tone of quarterly earnings
conference calls for publicly traded Real Estate Investment Trusts (REITs). After controlling …

This paper investigates the relationship between audit fees and both fair value exposure
and changes in fair value of investment properties. The study is motivated by the limited and …

Recent evidence confirms that in factor-model examinations of the cross-section of REIT
returns, REIT momentum emerges as the dominant driver. Acknowledging the importance of …

Purpose This study examines whether language disclosed in the Management Discussion
and Analysis (MD&A) of US Real Estate Investment Trusts (REITs) provides signals …

We investigate the influence financial transparency, organizational complexity, and the cost
of capital exert over financial market liquidity. Given regulatory distribution requirements …

Relations between REIT CEO compensation, firm stock performance and risk, after FASB
accounting changes and additional SEC compensation disclosure requirements in 2006 …

REITs hold relatively little cash and access capital markets often due to their favorable
dividend tax status. The transparent nature of REITs, in theory, implies low information …

Abstract Options trading on Real Estate Investment Trusts (REITs) has grown exponentially
over the past two decades. This article investigates whether, and to what extent, higher …

This is the first study to examine the post-earnings-announcement drift anomaly in a Real
Estate Investment Trust (REIT) context. The efficient markets hypothesis suggests that …