Home : Blogs : Andy Piper : Ann Arbor Homes and Real Estate Blog

Sell Signal: When the Boss Buys a Trophy Home

When the boss buys a trophy home, investors would do well to sell shares in the company, according to a new study of stock performance of Standard & Poor's 500-stock index firms following home purchases by chief executives.

Call it the mansion effect: The bigger the CEO's home is, the worse the company's stock fares, the study by Arizona State University finance Professor Crocker Liu and New York University finance Professor David Yermack found. Read the rest of the article here.

Posted by Andy Piper on 04/17/2007 05:34 AM

Comments (0)

buying and selling

0 Comments on Sell Signal: When the Boss Buys a Trophy Home

Leave a response…

Name:

Email:
(optional)

Comment:

What does the graphic say?

Andy Piper

Ann Arbor, MI

More about me…

Ann Arobr real estate-Piperpartners.com

Office Phone: (734) 995-9400

Cell Phone: (734) 604-8242

Email Me

Andy Piper's view on Ann Arbor Homes, Real Estate and Community News. Thoughts and information on real estate marketing, Internet and technology.

Links

Archives

Find MI real estate agents and Ann Arbor real estate on ActiveRain.

Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.