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文章基本信息

  • 标题:Effect of Agency Problems on RTC Hotel Appraisals
  • 本地全文:下载
  • 作者:Dalbor, Michael C.
  • 期刊名称:Hospitality Review
  • 印刷版ISSN:0739-7011
  • 出版年度:2003
  • 卷号:21
  • 期号:1
  • 页码:5
  • 出版社:Florida International University
  • 摘要:Agency problems that helped cause the banking crisis in the United States in the 1980s impacted hotel appraisals competed for the Resolution Trust Corporation (RTC). Lower appraised values would help make more bids acceptable, helping to sell more assets quickly. The results indicate appraised hotel values were much lower than sales prices in states with a high number of bank failures.
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