The performance of externally managed REITs in Asia: further evidence from free cash flow and agency costs
Purpose: The purpose of this paper is to examine the impact of free cash flow (FCF) on the agency costs and how these FCF and agency costs affect the performance of REITs in Asia. Unlike previous studies that focus on conventional public listed companies and non-regulated industry, the Asian REIT in...
Main Authors: | Wei, Lan Chong, Kien, Hwa Ting, Fan, Fah Cheng |
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Format: | Article |
Language: | English |
Published: |
Emerald Publishing Limited
2017
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Online Access: | http://psasir.upm.edu.my/id/eprint/63497/1/The%20performance%20of%20externally%20managed%20REITs%20in%20Asia.pdf |
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