AbstractsEconomics

Agency issues surrounding A-REITS and the global financial crisis

by Paul Daniel Zarebski




Institution: Deakin University
Department: Economics and Finance
Year: 2014
Record ID: 1052204
Full text PDF: http://hdl.handle.net/10536/DRO/DU:30067552


Abstract

 This thesis examines the optimal balance of debt and equity undertaken by Australian Real Estate Investment Trusts, the incentive-driven pay structure utilized to compensate management, and the factors of A-REIT composition and performance that appeal to large, powerful shareholders who are able to influence market prices.