Size Effect on the Performance of Listed Real Estate Companies
The paper presents the examination of company size effect to the risk and return. Many previous studies explore the effects of size to the securitised real estate such as real estate share and real estate trust from the perspective of returns, risk and asset allocation. The study aims to explore the...
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| Format: | Conference or Workshop Item |
| Language: | English |
| Published: |
2006
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| Online Access: | http://eprints.utm.my/1285/ http://eprints.utm.my/1285/1/IRERS_2006_-_Size_Effect_-_Hishamuddin.pdf |
| _version_ | 1848890097501470720 |
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| author | Mohd. Ali, Hishamuddin |
| author_facet | Mohd. Ali, Hishamuddin |
| author_sort | Mohd. Ali, Hishamuddin |
| building | UTeM Institutional Repository |
| collection | Online Access |
| description | The paper presents the examination of company size effect to the risk and return. Many previous studies explore the effects of size to the securitised real estate such as real estate share and real estate trust from the perspective of returns, risk and asset allocation. The study aims to explore the effects of size to the performance of listed real estate share by looking on the implications of real estate company size to the mixed assets portfolio and identifying the relationship between firm size and unsystematic risk of real estate share. The total of 30 real estate shares were randomly selected from Bursa Malaysia and divided into three groups based on size viz: big, medium, small capitalisation group. The result shows that big capitalisation real estate shares have better performance than other real estate share with higher return and lower risk in the allocation with mixed assets. The study also found there is a negative relationship between size and unsystematic risk in which the larger the firm size, the unsystematic risk is lower.
Keywords: Market Capitalisation, Firm Size, Risk, Return, Performance. |
| first_indexed | 2025-11-15T20:36:39Z |
| format | Conference or Workshop Item |
| id | utm-1285 |
| institution | Universiti Teknologi Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T20:36:39Z |
| publishDate | 2006 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | utm-12852017-09-30T08:50:17Z http://eprints.utm.my/1285/ Size Effect on the Performance of Listed Real Estate Companies Mohd. Ali, Hishamuddin H Social Sciences (General) The paper presents the examination of company size effect to the risk and return. Many previous studies explore the effects of size to the securitised real estate such as real estate share and real estate trust from the perspective of returns, risk and asset allocation. The study aims to explore the effects of size to the performance of listed real estate share by looking on the implications of real estate company size to the mixed assets portfolio and identifying the relationship between firm size and unsystematic risk of real estate share. The total of 30 real estate shares were randomly selected from Bursa Malaysia and divided into three groups based on size viz: big, medium, small capitalisation group. The result shows that big capitalisation real estate shares have better performance than other real estate share with higher return and lower risk in the allocation with mixed assets. The study also found there is a negative relationship between size and unsystematic risk in which the larger the firm size, the unsystematic risk is lower. Keywords: Market Capitalisation, Firm Size, Risk, Return, Performance. 2006 Conference or Workshop Item NonPeerReviewed application/pdf en http://eprints.utm.my/1285/1/IRERS_2006_-_Size_Effect_-_Hishamuddin.pdf Mohd. Ali, Hishamuddin (2006) Size Effect on the Performance of Listed Real Estate Companies. In: INTERNATIONAL REAL ESTATE RESEARCH SYSPOSIUM, 11 – 13TH APRIL 2006, PWTC KUALA LUMPUR, MALAYSIA. (Unpublished) http://irers2016.blogspot.my/ |
| spellingShingle | H Social Sciences (General) Mohd. Ali, Hishamuddin Size Effect on the Performance of Listed Real Estate Companies |
| title | Size Effect on the Performance of Listed Real Estate Companies |
| title_full | Size Effect on the Performance of Listed Real Estate Companies |
| title_fullStr | Size Effect on the Performance of Listed Real Estate Companies |
| title_full_unstemmed | Size Effect on the Performance of Listed Real Estate Companies |
| title_short | Size Effect on the Performance of Listed Real Estate Companies |
| title_sort | size effect on the performance of listed real estate companies |
| topic | H Social Sciences (General) |
| url | http://eprints.utm.my/1285/ http://eprints.utm.my/1285/ http://eprints.utm.my/1285/1/IRERS_2006_-_Size_Effect_-_Hishamuddin.pdf |