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Articles 1 - 9 of 9
Full-Text Articles in Business
The Singapore Model Of Housing And The Welfare State, Sock Yong Phang
The Singapore Model Of Housing And The Welfare State, Sock Yong Phang
PHANG Sock Yong
While Singapore is not generally regarded as a welfare state, the provision of housing welfare on a large scale has been a defining feature of its welfare system. The extensive housing system has played a useful role in raising savings and homeownership rates as well as contributing to sustained economic growth in general and development of the housing sector in particular. Few would dispute the description of Singapore’s housing policies as 'phenomenally successful' (Ramesh, 2003). Singapore’s economic growth record in the past four decades has brought it from third world to first world status (Lee, 2000), with homeownership widespread at …
Bank Lending And Real Estate In Asia: Market Optimism And Asset Bubbles, Winston T. H. Koh, Roberto S. Mariano, Andrey Pavlov, Sock-Yong Phang, Augustine H. H. Tan, Susan M. Wachter
Bank Lending And Real Estate In Asia: Market Optimism And Asset Bubbles, Winston T. H. Koh, Roberto S. Mariano, Andrey Pavlov, Sock-Yong Phang, Augustine H. H. Tan, Susan M. Wachter
PHANG Sock Yong
This paper investigates the Asian real estate price run-up and collapse in the 1990s. We identify financial intermediaries’ underpricing of the put option imbedded in non-recourse mortgage loans as a potential cause for the observed price behavior. This underpricing is due to behavioral causes (lender optimism and disaster myopia) and/or rational response of lenders to market incentives (agency conflicts, deposit insurance, or limited liability of bank shareholders). The empirical evidence suggests that underpricing occurred in Thailand, Malaysia, and Indonesia. Consequently, these countries experienced a more severe market crash than Hong Kong and Singapore, where underpricing was kept under control by …
Occupier Perceptions Of Green Workplace Environment: The Australian Experience, Hikari Kato, Linda Too, Ann Rask
Occupier Perceptions Of Green Workplace Environment: The Australian Experience, Hikari Kato, Linda Too, Ann Rask
Hikari Kato
Purpose – The purpose of this paper is to shed light on the perceptions by occupiers of green workplace environments. It examines how occupiers (both management and employees) perceive and evaluate the role of green workplace environments, and subsequently assesses the effectiveness of a green workplace environment. Design/methodology/approach – The paper relies on a data set derived from a survey of 128 respondents who have occupied Green Building Council Australia's Green Star-rated offices and buildings for more than 12 months. Findings – The findings suggest that green workplace offers greater psychological benefits (taking pride of the workplace environment) to occupiers …
Occupier Perceptions Of Green Workplace Environment: The Australian Experience, Hikari Kato, Linda Too, Ann Rask
Occupier Perceptions Of Green Workplace Environment: The Australian Experience, Hikari Kato, Linda Too, Ann Rask
Linda Too
Purpose – The purpose of this paper is to shed light on the perceptions by occupiers of green workplace environments. It examines how occupiers (both management and employees) perceive and evaluate the role of green workplace environments, and subsequently assesses the effectiveness of a green workplace environment. Design/methodology/approach – The paper relies on a data set derived from a survey of 128 respondents who have occupied Green Building Council Australia's Green Star-rated offices and buildings for more than 12 months. Findings – The findings suggest that green workplace offers greater psychological benefits (taking pride of the workplace environment) to occupiers …
Accommodating "Accelerating" Time: The Use Of Timescapes In Corporate Real Estate Strategies, Linda Too, Michael Harvey
Accommodating "Accelerating" Time: The Use Of Timescapes In Corporate Real Estate Strategies, Linda Too, Michael Harvey
Linda Too
Purpose: The purpose of this paper is to introduce the concept of timescape and examine its impact on corporate real estate strategy, i.e. the people, process, space and technology elements of strategy.
Design/methodology/approach: This paper utilises a qualitative approach to analyse secondary data in order to develop a conceptual framework of timescape for corporate real estate strategies.
Findings: Time is an integral part of strategic corporate real estate management. There are seven key elements that make up the timescape for corporate real estate strategies.
Research limitations/implications: This is a conceptual paper and future empirical research should be conducted to validate …
Competencia Económica En El Sector Inmobiliario Y Sus Principales Transacciones, Carlos Mena-Labarthe
Competencia Económica En El Sector Inmobiliario Y Sus Principales Transacciones, Carlos Mena-Labarthe
Carlos Mena-Labarthe
Estudio de la regulación de competencia y su impacto en las principales transacciones inmobiliarias. Se estudia la experiencia mexicana y se compara con otras experiencias.
Incentive Effect Of Piece Rate Contracts: Evidence From Two Small Field Experiments, Lan Shi
Incentive Effect Of Piece Rate Contracts: Evidence From Two Small Field Experiments, Lan Shi
Lan Shi
No abstract provided.
Green Building Contracts: Considering The Roles Of Consequential Damages & Limitation Of Liability Provisions, Darren Prum, Stephen Del Percio
Green Building Contracts: Considering The Roles Of Consequential Damages & Limitation Of Liability Provisions, Darren Prum, Stephen Del Percio
Darren A. Prum
The green building market continues to grow, but so do the corresponding legal risks which are only now being explored by scholars and practitioners. Lurking in the shadows behind any green building risk management strategy is how consequential damages - damages which may flow from a party's breach of a design, construction, or consulting contract - should be allocated among project stakeholders. This allocation is particularly critical on green building projects, whose unique and novel nature can create an increased potential for consequential damages. For example, green building tax credits, premium rents, and even energy savings might fall within the …
Roads: Leading Indicators Show Ramp-Up In Activity, Shishir Mathur, Kunal Katara
Roads: Leading Indicators Show Ramp-Up In Activity, Shishir Mathur, Kunal Katara
Shishir Mathur
No abstract provided.