{"id":"https://openalex.org/W2164773046","doi":"https://doi.org/10.1007/s11146-007-9085-z","title":"The Long-Horizon Performance of REIT Mergers","display_name":"The Long-Horizon Performance of REIT Mergers","publication_year":2007,"publication_date":"2007-09-11","ids":{"openalex":"https://openalex.org/W2164773046","doi":"https://doi.org/10.1007/s11146-007-9085-z","mag":"2164773046"},"language":"en","primary_location":{"id":"doi:10.1007/s11146-007-9085-z","doi":"https://doi.org/10.1007/s11146-007-9085-z","is_oa":false,"landing_page_url":"https://doi.org/10.1007/s11146-007-9085-z","pdf_url":null,"source":{"id":"https://openalex.org/S202178085","display_name":"The Journal of Real Estate Finance and Economics","issn_l":"0895-5638","issn":["0895-5638","1573-045X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-100","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"The Journal of Real Estate Finance and Economics","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1285587","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5113558620","display_name":"Robert D. Campbell","orcid":"https://orcid.org/0009-0004-1798-1455","observed_orcids":["https://orcid.org/0009-0004-1798-1455"]},"institutions":[{"id":"https://openalex.org/I139290212","display_name":"Hofstra University","ror":"https://ror.org/03pm18j10","country_code":"US","type":"education","lineage":["https://openalex.org/I139290212"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Robert D. Campbell","raw_affiliation_strings":["Department of Finance, Frank G. Zarb School of Business, Hofstra University, Hempstead, NY, 11549, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Finance, Frank G. Zarb School of Business, Hofstra University, Hempstead, NY, 11549, USA","institution_ids":["https://openalex.org/I139290212"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5012921341","display_name":"Erasmo Giambona","orcid":"https://orcid.org/0000-0002-1911-6471","observed_orcids":["https://orcid.org/0000-0002-1911-6471"]},"institutions":[{"id":"https://openalex.org/I887064364","display_name":"University of Amsterdam","ror":"https://ror.org/04dkp9463","country_code":"NL","type":"education","lineage":["https://openalex.org/I887064364"]}],"countries":["NL"],"is_corresponding":true,"raw_author_name":"Erasmo Giambona","raw_affiliation_strings":["Finance Group, Amsterdam Business School, University of Amsterdam, Roetersstraat 11, 1018 WB, Amsterdam, The Netherlands"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Finance Group, Amsterdam Business School, University of Amsterdam, Roetersstraat 11, 1018 WB, Amsterdam, The Netherlands","institution_ids":["https://openalex.org/I887064364"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5112602964","display_name":"Clemon F. Sirmans","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I140172145","display_name":"University of Connecticut","ror":"https://ror.org/02der9h97","country_code":"US","type":"education","lineage":["https://openalex.org/I140172145"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"C. F. Sirmans","raw_affiliation_strings":["Department of Finance, School of Business, University of Connecticut, 2100 Hillside Road, Unit 1041, Storrs, CT, 06269-1041, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Finance, School of Business, University of Connecticut, 2100 Hillside Road, Unit 1041, Storrs, CT, 06269-1041, USA","institution_ids":["https://openalex.org/I140172145"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5012921341"],"corresponding_institution_ids":["https://openalex.org/I887064364"],"apc_list":{"value":3290,"currency":"USD","value_usd":3290},"apc_paid":null,"fwci":3.4644,"has_fulltext":false,"cited_by_count":17,"citation_normalized_percentile":{"value":0.95167745,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":97},"biblio":{"volume":"38","issue":"2","first_page":"105","last_page":"114"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.8306000232696533,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.8306000232696533,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.16590000689029694,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.0010999999940395355,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/abnormal-returns","display_name":"abnormal returns","score":0.699999988079071},{"id":"https://openalex.org/keywords/merger-targets","display_name":"merger targets","score":0.48500001430511475},{"id":"https://openalex.org/keywords/buy-and-hold-returns","display_name":"buy-and-hold returns","score":0.781000018119812},{"id":"https://openalex.org/keywords/book-to-market-ratio","display_name":"book-to-market ratio","score":0.593999981880188},{"id":"https://openalex.org/keywords/firm-size","display_name":"firm size","score":0.6759999990463257}],"concepts":[{"id":"https://openalex.org/C38815200","wikidata":"https://www.wikidata.org/wiki/Q697852","display_name":"Real estate investment trust","level":3,"score":0.9678101539611816},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.6263840198516846},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.5461621284484863},{"id":"https://openalex.org/C120757647","wikidata":"https://www.wikidata.org/wiki/Q381136","display_name":"Shareholder","level":3,"score":0.48041725158691406},{"id":"https://openalex.org/C198082294","wikidata":"https://www.wikidata.org/wiki/Q3399648","display_name":"Position (finance)","level":2,"score":0.4419688880443573},{"id":"https://openalex.org/C82279013","wikidata":"https://www.wikidata.org/wiki/Q684740","display_name":"Real estate","level":2,"score":0.43819043040275574},{"id":"https://openalex.org/C159176650","wikidata":"https://www.wikidata.org/wiki/Q43261","display_name":"Horizon","level":2,"score":0.4168815016746521},{"id":"https://openalex.org/C185798385","wikidata":"https://www.wikidata.org/wiki/Q1161707","display_name":"Benchmark (surveying)","level":2,"score":0.4151718318462372},{"id":"https://openalex.org/C2779093199","wikidata":"https://www.wikidata.org/wiki/Q338010","display_name":"Shareholder value","level":4,"score":0.4104504883289337},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.3799664378166199},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.34071052074432373},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.3355785608291626},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.28486403822898865},{"id":"https://openalex.org/C39389867","wikidata":"https://www.wikidata.org/wiki/Q380767","display_name":"Corporate governance","level":2,"score":0.1328921616077423},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0},{"id":"https://openalex.org/C205649164","wikidata":"https://www.wikidata.org/wiki/Q1071","display_name":"Geography","level":0,"score":0.0},{"id":"https://openalex.org/C1276947","wikidata":"https://www.wikidata.org/wiki/Q333","display_name":"Astronomy","level":1,"score":0.0},{"id":"https://openalex.org/C13280743","wikidata":"https://www.wikidata.org/wiki/Q131089","display_name":"Geodesy","level":1,"score":0.0}],"mesh":[],"locations_count":6,"locations":[{"id":"doi:10.1007/s11146-007-9085-z","doi":"https://doi.org/10.1007/s11146-007-9085-z","is_oa":false,"landing_page_url":"https://doi.org/10.1007/s11146-007-9085-z","pdf_url":null,"source":{"id":"https://openalex.org/S202178085","display_name":"The Journal of Real Estate Finance and Economics","issn_l":"0895-5638","issn":["0895-5638","1573-045X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-100","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"The Journal of Real Estate Finance and Economics","raw_type":"journal-article"},{"id":"pmh:oai:dare.uva.nl:openaire_cris_publications/3cd6a2ea-ebb7-4ac2-958b-1e587b7d7eae","doi":null,"is_oa":false,"landing_page_url":"https://dare.uva.nl/personal/pure/en/publications/the-longhorizon-performance-of-reit-mergers(3cd6a2ea-ebb7-4ac2-958b-1e587b7d7eae).html","pdf_url":null,"source":{"id":"https://openalex.org/S4306400088","display_name":"UvA-DARE (University of Amsterdam)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I887064364","host_organization_name":"University of Amsterdam","host_organization_lineage":["https://openalex.org/I887064364"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Campbell, R D, Giambona, E & Sirmans, C F 2009, 'The long-horizon performance of REIT mergers', Journal of Real Estate Finance and Economics, vol. 38, no. 2, pp. 105-114. https://doi.org/10.1007/s11146-007-9085-z","raw_type":"info:eu-repo/semantics/article"},{"id":"mag:3123732017","doi":null,"is_oa":true,"landing_page_url":"https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1285587","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null},{"id":"pmh:oai:RePEc:kap:jrefec:v:38:y:2009:i:2:p:105-114","doi":null,"is_oa":false,"landing_page_url":"http://hdl.handle.net/10.1007/s11146-007-9085-z","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:dare.uva.nl:publications/3cd6a2ea-ebb7-4ac2-958b-1e587b7d7eae","doi":null,"is_oa":false,"landing_page_url":"https://handle.uba.uva.nl/personal/pure/en/publications/the-longhorizon-performance-of-reit-mergers(3cd6a2ea-ebb7-4ac2-958b-1e587b7d7eae).html","pdf_url":null,"source":{"id":"https://openalex.org/S4306400088","display_name":"UvA-DARE (University of Amsterdam)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I887064364","host_organization_name":"University of Amsterdam","host_organization_lineage":["https://openalex.org/I887064364"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Campbell, R D, Giambona, E & Sirmans, C F 2009, 'The long-horizon performance of REIT mergers', Journal of Real Estate Finance and Economics, vol. 38, no. 2, pp. 105-114. https://doi.org/10.1007/s11146-007-9085-z","raw_type":"info:eu-repo/semantics/article"},{"id":"pmh:uvapub:oai:dare.uva.nl:publications/3cd6a2ea-ebb7-4ac2-958b-1e587b7d7eae","doi":null,"is_oa":false,"landing_page_url":"https://dare.uva.nl/personal/pure/en/publications/the-longhorizon-performance-of-reit-mergers(3cd6a2ea-ebb7-4ac2-958b-1e587b7d7eae).html","pdf_url":null,"source":{"id":"https://openalex.org/S4306401843","display_name":"Data Archiving and Networked Services (DANS)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1322597698","host_organization_name":"Royal Netherlands Academy of Arts and Sciences","host_organization_lineage":["https://openalex.org/I1322597698"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Journal of Real Estate Finance and Economics, 38(2), 105 - 114. Springer Netherlands","raw_type":"info:eu-repo/semantics/article"}],"best_oa_location":{"id":"mag:3123732017","doi":null,"is_oa":true,"landing_page_url":"https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1285587","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":27,"referenced_works":["https://openalex.org/W1578153808","https://openalex.org/W1606339370","https://openalex.org/W1863359663","https://openalex.org/W1983693446","https://openalex.org/W1991552238","https://openalex.org/W1998657375","https://openalex.org/W2001150156","https://openalex.org/W2016817897","https://openalex.org/W2018754361","https://openalex.org/W2027889491","https://openalex.org/W2071511656","https://openalex.org/W2104505737","https://openalex.org/W2104796460","https://openalex.org/W2111255674","https://openalex.org/W2118146183","https://openalex.org/W2119621677","https://openalex.org/W2131456352","https://openalex.org/W2131773668","https://openalex.org/W2164329445","https://openalex.org/W2168970594","https://openalex.org/W3122831108","https://openalex.org/W3123790701","https://openalex.org/W3124081884","https://openalex.org/W3125791077","https://openalex.org/W4231546411","https://openalex.org/W4248733869","https://openalex.org/W4285719527"],"related_works":["https://openalex.org/W7097220063","https://openalex.org/W4255042199","https://openalex.org/W1606339370","https://openalex.org/W200126620","https://openalex.org/W198569645","https://openalex.org/W2257669505","https://openalex.org/W2292481156","https://openalex.org/W2992371947","https://openalex.org/W7163611185","https://openalex.org/W1974750881"],"abstract_inverted_index":null,"counts_by_year":[{"year":2024,"cited_by_count":3},{"year":2022,"cited_by_count":1},{"year":2021,"cited_by_count":1},{"year":2019,"cited_by_count":1},{"year":2018,"cited_by_count":2},{"year":2016,"cited_by_count":1},{"year":2015,"cited_by_count":1},{"year":2013,"cited_by_count":2},{"year":2012,"cited_by_count":1}],"updated_date":"2026-10-27T15:51:10.671819","created_date":"2016-06-24T00:00:00"}