How Does Corporate Governance Influence Real Estate Investment Trusts (REITs) Performance?

This paper aims to study how corporate governance could influence the performance of Real Estate Investment Trusts (REITs). This paper uses literature reviews to analyze REITs' special features, such as the advisory pattern and mandatory dividends. In addition, as the birthplace of REITs, the United States has a highly sophisticated system. In this paper, U.S. REITs, such as S&P 500 REITs, are taken as the primary research object, and the compensation of CEOs of some REIT companies is also studied. Based on the research and analysis, it is concluded that REIT companies are highly susceptible to the influence of their multi-party shareholder ratios when faced with decision-making opportunities. Additionally, the responsibilities of each department within the company's management also affect the performance of REITs. Furthermore, the paper spares no effort to create a future academic research room and provides clear guidance for investors to have an initial understanding of REITs.