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- W2068531805 abstract "This study examines the valuation effect of the sale-leaseback of corporate real estate on the stock prices of the selling and purchasing firms. The issue tested is whether the sale-leaseback transaction offers a net benefit to the corporate seller/lessee or purchaser/lessor. The empirical evidence suggests that the sale-leaseback of corporate real estate has substantial benefits for the seller/lessee common stockholders. Additionally, the sale-leaseback transaction produces an insignificant loss for the corporate purchaser/lessor." @default.
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- W2068531805 date "1990-12-01" @default.
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- W2068531805 title "Empirical Evidence on Shareholder Value and the Sale-Leaseback of Corporate Real Estate" @default.
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- W2068531805 doi "https://doi.org/10.1111/1540-6229.00535" @default.
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