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Keywords: Split incentive
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Journal Articles
Journal of Property Investment & Finance (2020) 38 (1): 31–46.
Published: 03 October 2019
... building. Practical implications A full accounting of TOC in eco-labeled buildings suggests that net lease structures provide numerous benefits to owners that offset the loss of trading away operational savings. Originality/value The principal-agent market inefficiency, or “split incentive...
