Impact of the Asian financial crisis on corporate real estate acquisitions
Language: English Series: Journal of Corporate Real Estate ; 9(4) 2007, 239-256(18)Publication details: 2007Subject(s): Summary: Examines stock price share reactions to news of corporate real estate acquisitions by listed non-property firms in Malaysia. Asks whether acquisitions under different conditions produce different share price reactions. Finds that the cumulative abnormal returns associated with property acquisitions vary in differing economic conditions. Concludes that the wealth effect of corporate real estate acquisitions is affected by economic conditions.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L142476 (Browse shelf(Opens below)) | 1 | Available | 142476-1001 |
Examines stock price share reactions to news of corporate real estate acquisitions by listed non-property firms in Malaysia. Asks whether acquisitions under different conditions produce different share price reactions. Finds that the cumulative abnormal returns associated with property acquisitions vary in differing economic conditions. Concludes that the wealth effect of corporate real estate acquisitions is affected by economic conditions.