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ArtikelLiquidity And Liquidation : Evidence From Real Estate Investment Trusts  
Oleh: Brown, David T.
Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: The Journal of Finance (EBSCO) vol. 55 no. 1 (2000), page 469-486.
Topik: liquidity; commercial rela estate; economic conditions; property values; effects; studies
Fulltext: p 469.pdf (136.12KB)
Ketersediaan
  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: JJ88.1
    • Non-tandon: 1 (dapat dipinjam: 0)
    • Tandon: tidak ada
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Isi artikelThis study provides evidence that highly leveraged owner - managed properties liquidates assets during the commercial real estate decline of the late 1980, and that this provided buying opportunities distress costs for highly leveraged firms during an industry - wide downturn and shows that these costs are particularly large for owner - managed firms.
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