Implications of Tax Shields to REITs Returns: Compare Returns of REITs with and without Taxes

碩士 === 國立臺灣科技大學 === 財務金融研究所 === 96 === This study is to examine the returns of REITs with and without taxes. We find that the returns of REITs with taxes are significantly higher than the returns of REITs without taxes. Generally speaking, exempt from corporate taxes is the incentive for investors t...

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Bibliographic Details
Main Authors: Yi-wen Hsu, 徐益文
Other Authors: Gordon GD. Chang
Format: Others
Language:en_US
Published: 2008
Online Access:http://ndltd.ncl.edu.tw/handle/78256874304580917714