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@article{ART002118334},
author={강원철 and Koh Sung Soo},
title={An Empirical Study on the impact of Corporate Real Estate in the M&A Market},
journal={Korea Real Estate Review},
issn={2092-5395},
year={2016},
volume={26},
number={2},
pages={23-38}

TY - JOUR
AU - 강원철
AU - Koh Sung Soo
TI - An Empirical Study on the impact of Corporate Real Estate in the M&A Market
JO - Korea Real Estate Review
PY - 2016
VL - 26
IS - 2
PB - korea real estate research institute
SP - 23
EP - 38
SN - 2092-5395
AB - This research analyzed the relationship of the probability of being M&A and corporate real estate holding ratio based on 2,184 companies for the period 2008 to 2013, using Logit analyses. The purpose of this study is to expand domestic research related to corporate real estate and to provide basic methodological tools to successful M&A, proving the information- useful of corporate real estate. The main findings were as follows. First, possession real estate holding ratio exerted a significant positive (+) effect on the probability of becoming a target of M&A. In contrast, investment real estate holding ratio had a positive (+) effect on the probability of becoming a target of M&A, but this was not significant. Thus possession real estate increases the probability of being a target of M&A, while investment real estate does not. Second, corporate real estate holding ratio exerted a significant positive (+) effect on the probability of being M&A. This means that the more corporate real estate held by a corporation, the greater the probability of being a target of M&A. Third, investment-company M&A had a greater influence on the probability of being a target of M&A than within-sector M&A. Fourth, KOSPI-market M&A had a significant positive (+) effect on the probability of being M&A. In contrast, KOSDAQ-market M&A had a positive (+) effect on the probability of being M&A, but this was not significant.
KW - corporate real estate;corporate possession real estate;corporate investment real estate;M&A;corporate value
DO -
UR -
ER -

강원철 and Koh Sung Soo. (2016). An Empirical Study on the impact of Corporate Real Estate in the M&A Market. Korea Real Estate Review, 26(2), 23-38.

강원철 and Koh Sung Soo. 2016, "An Empirical Study on the impact of Corporate Real Estate in the M&A Market", Korea Real Estate Review, vol.26, no.2 pp.23-38.

강원철, Koh Sung Soo "An Empirical Study on the impact of Corporate Real Estate in the M&A Market" Korea Real Estate Review 26.2 pp.23-38 (2016) : 23.

강원철, Koh Sung Soo. An Empirical Study on the impact of Corporate Real Estate in the M&A Market. 2016; 26(2), 23-38.

강원철 and Koh Sung Soo. "An Empirical Study on the impact of Corporate Real Estate in the M&A Market" Korea Real Estate Review 26, no.2 (2016) : 23-38.

강원철; Koh Sung Soo. An Empirical Study on the impact of Corporate Real Estate in the M&A Market. Korea Real Estate Review, 26(2), 23-38.

강원철; Koh Sung Soo. An Empirical Study on the impact of Corporate Real Estate in the M&A Market. Korea Real Estate Review. 2016; 26(2) 23-38.

강원철, Koh Sung Soo. An Empirical Study on the impact of Corporate Real Estate in the M&A Market. 2016; 26(2), 23-38.

강원철 and Koh Sung Soo. "An Empirical Study on the impact of Corporate Real Estate in the M&A Market" Korea Real Estate Review 26, no.2 (2016) : 23-38.