메뉴 건너뛰기
.. 내서재 .. 알림
소속 기관/학교 인증
인증하면 논문, 학술자료 등을  무료로 열람할 수 있어요.
한국대학교, 누리자동차, 시립도서관 등 나의 기관을 확인해보세요
(국내 대학 90% 이상 구독 중)
로그인 회원가입 고객센터 ENG
주제분류

추천
검색
질문

논문 기본 정보

자료유형
학술저널
저자정보
인채권 (한양대학교) 여홍구 (한양대학교)
저널정보
한국지역개발학회 한국지역개발학회지 한국지역개발학회지 제25권 제4호
발행연도
2013.11
수록면
199 - 217 (19page)

이용수

표지
📌
연구주제
📖
연구배경
🔬
연구방법
🏆
연구결과
AI에게 요청하기
추천
검색
질문

초록· 키워드

오류제보하기
This study aims to investigate the effect of Sale and Leaseback(SLB) agreements on price differentials between SLB and non-SLB transactions. Under SLB agreements, corporations simultaneously sign the lease agreements for properties being sold.. Previous studies found that Firms agree to SLB for various reasons, such as taxation, accounting, and finance; finance was the largest driving force of all. Studies have also depicted a positive correlation of the SLB announcements to the stock market, such news producing positive returns to the shareholders. Not much studies, however, have been conducted on the impact of SLB on transaction prices. Using a set of data on SLB transactions, this study examines the price impact on commercial property transactions in Seoul"s office market. Out of 656 transactions overall, we have selected 551 for sufficient analysis. Among them, 74 cases were SLB transactions, representing 13.4% of the sample. Multi-variate regression results reveal that transactions structured as SLB occured at lower prices than non-SLB transactions when all other conditions were equal. Specifically, the correlation coefficient of SLB dummy variable was -0.13, indicating that SLB transactions occurred at a discounted price of 12.2%. Further studies are required to better understand the determinants of price differentials in SLB transactions.

목차

Abstract
1. 서론
2. 이론 및 선행연구
3. 사례 분석
4. 분석 결과
5. 결론
참고문헌

참고문헌 (0)

참고문헌 신청

이 논문의 저자 정보

이 논문과 함께 이용한 논문

최근 본 자료

전체보기

댓글(0)

0

UCI(KEPA) : I410-ECN-0101-2014-300-003524734