2012 Fiscal Year Final Research Report
Corporate real estate and firm value: Empirical studies from Japan
| Project/Area Number |
22530361
|
|---|
| Research Category |
Grant-in-Aid for Scientific Research (C)
|
| Allocation Type | Single-year Grants |
|---|
| Section | 一般 |
|---|
| Research Field |
Business administration
|
|---|
| Research Institution | Kobe University |
|---|
Principal Investigator |
|
|---|
| Co-Investigator(Kenkyū-buntansha) |
YAMASAKI Takashi 神戸大学, 大学院・経営学研究科, 准教授 (30403223)
YAMAGUCHI Satoru 広島経済大学, 経済学部, 講師 (40548757)
|
|---|
| Project Period (FY) |
2010 – 2012
|
| Keywords | 企業不動産 / 株式市場の評価 / システマティックリスク |
|---|
| Research Abstract |
We examine the relationship between Japanese fires’ real estateholding and firm value. There is a negative relationship between them. We do not find any significant relationship between corporate real estate holding and systematic risk.
|
