Debt and financial performance of REITs in Malaysia : a moderating effect of financial flexibility
The use of debt by REITs entity seems to be a puzzle in numerous REITs literature, as REITs are tax-exempted business entities. The trade-off theory implies that the financing strategy of using debt provides no value in a REIT entity with a marginal tax rate of zero. However, high dividend pay-o...
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| 主要な著者: | , , , |
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| フォーマット: | 論文 |
| 言語: | English |
| 出版事項: |
Penerbit Universiti Kebangsaan Malaysia
2017
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| オンライン･アクセス: | http://journalarticle.ukm.my/20749/1/16066-65495-1-PB.pdf http://journalarticle.ukm.my/20749/ https://ejournal.ukm.my/pengurusan/issue/view/1026 |
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