Corporate governance discount debate for REITs
A debate was had on whether REITs deserve a corporate governance discount because management teams and boards often own little stock and may allocate capital sub-optimically (e.g., buying properties instead of repurchasing cheap shares).
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The story so far
DORMANT · 3 MENTIONS · 2 EPISODES · 1 SHOW
2 REPEAT · 1 MENTIONED
- YET ANOTHER VALUE PODCAST · 2 MENTIONS
- Share buybacks not always the best capital allocation
- Corporate governance discount debate for REITs · THIS IDEA
- YET ANOTHER VALUE PODCAST
HOW THE SHOWS HAVE DISCUSSED THIS THESIS OVER TIME · NOT A PERFORMANCE RECORD