{"id":"https://openalex.org/W3125862155","doi":"https://doi.org/10.1080/10835547.2006.12091182","title":"The Information Content of the 1999 Announcement of Funds from Operations Changes for Real Estate Investment Trusts","display_name":"The Information Content of the 1999 Announcement of Funds from Operations Changes for Real Estate Investment Trusts","publication_year":2006,"publication_date":"2006-01-01","ids":{"openalex":"https://openalex.org/W3125862155","doi":"https://doi.org/10.1080/10835547.2006.12091182","mag":"3125862155"},"language":"en","primary_location":{"id":"doi:10.1080/10835547.2006.12091182","doi":"https://doi.org/10.1080/10835547.2006.12091182","is_oa":false,"landing_page_url":"https://doi.org/10.1080/10835547.2006.12091182","pdf_url":null,"source":{"id":"https://openalex.org/S52721111","display_name":"Journal of Real Estate Research","issn_l":"0896-5803","issn":["0896-5803","2691-1175"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-class-a","anvur-scientific","cwts-core","jufo-1","norway-1","poland-70","russia-white-list-2"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Real Estate Research","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5087240757","display_name":"Eric James Higgins","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I189590672","display_name":"Kansas State University","ror":"https://ror.org/05p1j8758","country_code":"US","type":"education","lineage":["https://openalex.org/I189590672"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Eric Higgins","raw_affiliation_strings":["Kansas State University, Manhattan, KS"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Kansas State University, Manhattan, KS","institution_ids":["https://openalex.org/I189590672"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5062867483","display_name":"Richard L. Ott","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I189590672","display_name":"Kansas State University","ror":"https://ror.org/05p1j8758","country_code":"US","type":"education","lineage":["https://openalex.org/I189590672"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Richard Ott","raw_affiliation_strings":["Kansas State University, Manhattan, KS"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Kansas State University, Manhattan, KS","institution_ids":["https://openalex.org/I189590672"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5090458533","display_name":"Robert A. Van Ness","orcid":"https://orcid.org/0000-0002-8023-6421","observed_orcids":["https://orcid.org/0000-0002-8023-6421"]},"institutions":[{"id":"https://openalex.org/I368840534","display_name":"University of Mississippi","ror":"https://ror.org/02teq1165","country_code":"US","type":"education","lineage":["https://openalex.org/I368840534","https://openalex.org/I4210141039"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Robert Van Ness","raw_affiliation_strings":["University of Mississippi, University, MS"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Mississippi, University, MS","institution_ids":["https://openalex.org/I368840534"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":3.8187,"has_fulltext":false,"cited_by_count":16,"citation_normalized_percentile":{"value":0.95708166,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":98},"biblio":{"volume":"28","issue":"3","first_page":"241","last_page":"256"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10081","display_name":"Auditing, Earnings Management, Governance","score":0.4426000118255615,"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/T10081","display_name":"Auditing, Earnings Management, Governance","score":0.4426000118255615,"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":0.39649999141693115,"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":0.06379999965429306,"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/funds-from-operations","display_name":"funds from operations","score":0.7670000195503235},{"id":"https://openalex.org/keywords/real-estate-investment-trusts","display_name":"real estate investment trusts","score":0.9800000190734863},{"id":"https://openalex.org/keywords/accounting-changes","display_name":"accounting changes","score":0.45399999618530273},{"id":"https://openalex.org/keywords/information-content","display_name":"information content","score":0.49399998784065247},{"id":"https://openalex.org/keywords/market-reaction","display_name":"market reaction","score":0.7360000014305115},{"id":"https://openalex.org/keywords/shareholder-value","display_name":"shareholder value","score":0.9779999852180481},{"id":"https://openalex.org/keywords/adverse-selection","display_name":"adverse selection","score":0.7990000247955322},{"id":"https://openalex.org/keywords/bid-ask-spread","display_name":"bid-ask spread","score":0.9509999752044678},{"id":"https://openalex.org/keywords/information-asymmetry","display_name":"information asymmetry","score":0.9869999885559082},{"id":"https://openalex.org/keywords/financial-reporting-transparency","display_name":"financial reporting transparency","score":0.578000009059906}],"concepts":[{"id":"https://openalex.org/C38815200","wikidata":"https://www.wikidata.org/wiki/Q697852","display_name":"Real estate investment trust","level":3,"score":0.8680168390274048},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.6048277616500854},{"id":"https://openalex.org/C2780233690","wikidata":"https://www.wikidata.org/wiki/Q535347","display_name":"Transparency (behavior)","level":2,"score":0.5634403228759766},{"id":"https://openalex.org/C82279013","wikidata":"https://www.wikidata.org/wiki/Q684740","display_name":"Real estate","level":2,"score":0.5317883491516113},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.46414342522621155},{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.43040382862091064},{"id":"https://openalex.org/C120757647","wikidata":"https://www.wikidata.org/wiki/Q381136","display_name":"Shareholder","level":3,"score":0.4236736297607422},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.4124520421028137},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3667244017124176},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.25856196880340576},{"id":"https://openalex.org/C39389867","wikidata":"https://www.wikidata.org/wiki/Q380767","display_name":"Corporate governance","level":2,"score":0.12566792964935303},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1080/10835547.2006.12091182","doi":"https://doi.org/10.1080/10835547.2006.12091182","is_oa":false,"landing_page_url":"https://doi.org/10.1080/10835547.2006.12091182","pdf_url":null,"source":{"id":"https://openalex.org/S52721111","display_name":"Journal of Real Estate Research","issn_l":"0896-5803","issn":["0896-5803","2691-1175"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-class-a","anvur-scientific","cwts-core","jufo-1","norway-1","poland-70","russia-white-list-2"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Real Estate Research","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:taf:rjerxx:v:28:y:2006:i:3:p:241-256","doi":null,"is_oa":false,"landing_page_url":"http://hdl.handle.net/10.1080/10835547.2006.12091182","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"}],"best_oa_location":null,"sustainable_development_goals":[],"sustainable_development_goals_aurora":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":31,"referenced_works":["https://openalex.org/W1495267797","https://openalex.org/W1505791741","https://openalex.org/W1541163771","https://openalex.org/W1556343558","https://openalex.org/W1845769572","https://openalex.org/W1966977762","https://openalex.org/W1968781897","https://openalex.org/W1970301055","https://openalex.org/W1977297846","https://openalex.org/W1977435747","https://openalex.org/W1985808284","https://openalex.org/W1995834279","https://openalex.org/W2000932835","https://openalex.org/W2009004961","https://openalex.org/W2011293681","https://openalex.org/W2034903818","https://openalex.org/W2046426325","https://openalex.org/W2048881425","https://openalex.org/W2085538322","https://openalex.org/W2093362178","https://openalex.org/W2100746131","https://openalex.org/W2103674819","https://openalex.org/W2114233347","https://openalex.org/W2143516319","https://openalex.org/W2174230791","https://openalex.org/W2271228553","https://openalex.org/W2292128747","https://openalex.org/W2329305757","https://openalex.org/W2411063171","https://openalex.org/W3122409155","https://openalex.org/W3124406824"],"related_works":["https://openalex.org/W7047816142","https://openalex.org/W2065173692","https://openalex.org/W3121718000","https://openalex.org/W2918106733","https://openalex.org/W3087230253","https://openalex.org/W2021700168","https://openalex.org/W2939605731","https://openalex.org/W1968781897","https://openalex.org/W172951328","https://openalex.org/W2137458628"],"abstract_inverted_index":{"This":[0,26],"study":[1],"examines":[2],"the":[3,7,34,40,55,66,71,79,82,92,95],"market":[4],"response":[5],"to":[6,77],"1999":[8],"announcement":[9,48,93],"of":[10,37,42,46,57,65,70,84,94],"a":[11],"change":[12,27],"in":[13,31,33,87],"accounting":[14,35,97],"for":[15,20],"Funds":[16],"from":[17],"Operations":[18],"(FFO)":[19],"Real":[21],"Estate":[22],"Investment":[23],"Trusts":[24],"(REITs).":[25],"provides":[28],"an":[29,63],"increase":[30,59],"transparency":[32],"statements":[36],"REITs":[38],"regarding":[39],"calculation":[41],"FFO.":[43],"An":[44],"analysis":[45,64],"this":[47],"finds":[49,74],"that":[50,58,81],"shareholder":[51],"wealth":[52],"increases":[53],"but":[54],"significance":[56],"is":[60],"questionable.":[61],"Additionally,":[62],"adverse":[67],"selection":[68],"component":[69],"bid-ask":[72],"spread":[73],"weak":[75],"evidence":[76],"support":[78],"conjecture":[80],"amount":[83],"information":[85],"asymmetry":[86],"REIT":[88],"prices":[89],"declines":[90],"after":[91],"FFO":[96],"change.":[98]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2022,"cited_by_count":2},{"year":2017,"cited_by_count":1},{"year":2014,"cited_by_count":4},{"year":2013,"cited_by_count":1}],"updated_date":"2026-10-14T16:39:01.820549","created_date":"2021-02-01T00:00:00"}
