Financial resilience in the real estate sector: a comparative analysis of Italian and American listed companies during the 2008 financial crisis and the Covid-19 shock
Astrologo, Edoardo (A.A. 2024/2025) Financial resilience in the real estate sector: a comparative analysis of Italian and American listed companies during the 2008 financial crisis and the Covid-19 shock. Tesi di Laurea in Financial analysis, Luiss Guido Carli, relatore Francesco Legrottaglie, pp. 185. [Master's Degree Thesis]
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Abstract/Index
Economic and financial context and relevance of the research. Theoretical framework: financial resilience and financial statement analysis. Definitions and literature on financial resilience. Key financial indicators for resilience. Specific features of the real estate sector: financial structure, investment intensity, illiquidity risk. Real estate investment trusts (REITs): differences between Italy and the USA. The 2008 global financial crisis. Origins and development: subprime crisis, Lehman Brothers collapse, systemic contagion. Transmission of the crisis to the global real estate sector. Impact on listed real estate companies: market dynamics, credit access, profitability. The Covid-19 pandemic crisis. Nature of the shock: demand interruption, operational lockdown, health uncertainty. Extraordinary fiscal and monetary measures. Effects on real estate: logistics expansion, commercial decline, changes in demand. Comparison between the two crises: systemic differences and sector responses. Intensity and duration of shocks. Impact on key financial variables. Changes in capital structure and liquidity management. Adaptability and survival strategies. Research design and methodology. Empirical analysis: Italian vs American companies.
References
Bibliografia: pp. 177-184.
| Thesis Type: | Master's Degree Thesis |
|---|---|
| Institution: | Luiss Guido Carli |
| Degree Program: | Master's Degree Programs > Master's Degree Program in Strategic Management (LM-77) |
| Chair: | Financial analysis |
| Thesis Supervisor: | Legrottaglie, Francesco |
| Thesis Co-Supervisor: | Di Lazzaro, Fabrizio |
| Academic Year: | 2024/2025 |
| Session: | Autumn |
| Deposited by: | Alessandro Perfetti |
| Date Deposited: | 26 Mar 2026 09:08 |
| Last Modified: | 26 Mar 2026 09:08 |
| URI: | https://tesi.luiss.it/id/eprint/45262 |
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