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Full-Text Articles in Business
Risk And Real Estate Investment Trust (Reits) Return: Evidence From Listed Public Trust, Nor Edi Azhar Binti Mohamad, Noriza Mohd Saad, Suzaida Bakar
Risk And Real Estate Investment Trust (Reits) Return: Evidence From Listed Public Trust, Nor Edi Azhar Binti Mohamad, Noriza Mohd Saad, Suzaida Bakar
The Indonesian Capital Market Review
This study examines an association of risk and returns of REITs from Malaysian REITs listed companies. The secondary data for analysis is retrieved from Bloomberg's Database of all 13 listed REITs in the Bursa Malaysia main market for three year period, from 2007 to 2009 with quarterly observation. The dependent variables are average return, expected return using Capital Asset Pricing Model, Sharpe Index, and Jensen Alpha Index. The independent variables represented by standard deviation, beta, trading volume, gross domestic product, inlation rate, and share price. The control variable for this study is type of REITs, whether it was categorized as …