Publications Database
Welcome to the new Schulich Peer-Reviewed Publication Database!
The database is currently in beta-testing and will be updated with more features as time goes on. In the meantime, stakeholders are free to explore our faculty’s numerous works. The left-hand panel affords the ability to search by the following:
- Faculty Member’s Name;
- Area of Expertise;
- Whether the Publication is Open-Access (free for public download);
- Journal Name; and
- Date Range.
At present, the database covers publications from 2012 to 2020, but will extend further back in the future. In addition to listing publications, the database includes two types of impact metrics: Altmetrics and Plum. The database will be updated annually with most recent publications from our faculty.
If you have any questions or input, please don’t hesitate to get in touch.
Search Results
Avis Devine, Nils Kok and Chongyu Wang (2023). "Sustainability Disclosure and Financial Performance: The Case of Private and Public Real Estate", The Journal of Portfolio Management, Real Estate, 49(10), 119 – 133.
Abstract
The built environment carries an outsized environmental footprint, and aspects like energy consumption impact the bottom line of commercial real estate (CRE) investors. A large portion of commercial real estate assets are owned and operated by both private equity real estate (PERE) funds and listed property companies (REITs). Therefore, the extent to which these public and private entities integrate sustainability considerations into their investment and operating decisions may impact both the environmental and financial performance for the organizations as well as the environmental performance of the broader market. We provide a comprehensive analysis comparing the sustainability performance of REITs and PERE firms/funds, as well as an analysis of the relationship between sustainability and the financial performance of REITs. Results indicate that private and public CRE entities now seem on par in their integration of sustainability into firm management and policies. However, the performance aspect of sustainability is stronger for REITs. Examining REIT financial performance, results indicate that higher levels of sustainability disclosure are associated with enhanced operating performance and firm valuation, as well as a higher propensity for holding environmentally-certified buildings.Kang, J. and Shum, P. (2013). "The Performance of Leveraged and Inverse ETFs During Volatile Times", Managerial Finance, 39(5), 476-508.