TY  - JOUR
AB  - Structured sale and leasebacks and corporate property asset outsourcing are often claimed to have benefits that seem to be inconsistent with financial theory. Eight such UK deals are analysed to investigate the impact on corporate
value. The results show that impacts are contingent ‐ on the capital structure of the firm, on the use of the capital raised and on market attitudes towards management and the sector. Two apparently similar deals can have quite different outcomes: benefits to shareholders and bondholders cannot be simply assumed.
VL  - 6
IS  - 2
SN  - 1463-001X
DO  - 10.1108/14630010410812298
UR  - https://doi.org/10.1108/14630010410812298
AU  - Devaney Steven
AU  - Lizieri Colin
PY  - 2004
Y1  - 2004/01/01
TI  - Sale and leaseback, asset outsourcing and capital market impacts
T2  - Journal of Corporate Real Estate
PB  - Emerald Group Publishing Limited
SP  - 118
EP  - 132
Y2  - 2024/04/19
ER  -