Justice and nature of contract as determinant of abandoned housing project

This study aims at exploring the perception of stakeholders particularly the home buyers about the causes of abandoned housing project (AHP) in Malaysia. Assessing the determinant of AHP could assist in mitigating the effect of AHP in Malaysia. In this study, we employed factor analysis and Structur...

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Main Authors: Abdullah, Moha Asri, Abdul Razak, Dzuljastri, Mohamed, Mustafa Omar, Olaniyi, Oladokun Nafiu
Format: Conference or Workshop Item
Language:English
English
Published: 2015
Subjects:
Online Access:http://irep.iium.edu.my/45752/
http://irep.iium.edu.my/45752/
http://irep.iium.edu.my/45752/1/Final_AHP_final_correction_-_22.06.15.pdf
http://irep.iium.edu.my/45752/6/45752.pdf
id iium-45752
recordtype eprints
spelling iium-457522015-12-03T08:19:27Z http://irep.iium.edu.my/45752/ Justice and nature of contract as determinant of abandoned housing project Abdullah, Moha Asri Abdul Razak, Dzuljastri Mohamed, Mustafa Omar Olaniyi, Oladokun Nafiu HG4001 Financial management. Business finance. Corporation finance. This study aims at exploring the perception of stakeholders particularly the home buyers about the causes of abandoned housing project (AHP) in Malaysia. Assessing the determinant of AHP could assist in mitigating the effect of AHP in Malaysia. In this study, we employed factor analysis and Structural Equation Modelling (SEM) to achieve the stated objective. The total sample size of the study comprises of 328 respondents that cut across all states in Malaysia. Two main constructs namely justice and nature of contract are considered in this study. The result of the SEM revealed that lack of justice and weak regulatory system couple with the nature of the contract of financing significantly contributes to the problem of abandoned housing projects. Hence, it is suggested that fairness in contract (e.g. risk sharing) and sound regulatory system could help in mitigating the effect of abandoned housing problems. 2015 Conference or Workshop Item PeerReviewed application/pdf en http://irep.iium.edu.my/45752/1/Final_AHP_final_correction_-_22.06.15.pdf application/pdf en http://irep.iium.edu.my/45752/6/45752.pdf Abdullah, Moha Asri and Abdul Razak, Dzuljastri and Mohamed, Mustafa Omar and Olaniyi, Oladokun Nafiu (2015) Justice and nature of contract as determinant of abandoned housing project. In: International Conference on Contemporary Issues in Accounting and Finance 2015 (CoCIAF 2015), 8th-10th October 2015, Hilton Kuching, Sarawak. (Unpublished) http://www.feb.unimas.my/cociaf/
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
English
topic HG4001 Financial management. Business finance. Corporation finance.
spellingShingle HG4001 Financial management. Business finance. Corporation finance.
Abdullah, Moha Asri
Abdul Razak, Dzuljastri
Mohamed, Mustafa Omar
Olaniyi, Oladokun Nafiu
Justice and nature of contract as determinant of abandoned housing project
description This study aims at exploring the perception of stakeholders particularly the home buyers about the causes of abandoned housing project (AHP) in Malaysia. Assessing the determinant of AHP could assist in mitigating the effect of AHP in Malaysia. In this study, we employed factor analysis and Structural Equation Modelling (SEM) to achieve the stated objective. The total sample size of the study comprises of 328 respondents that cut across all states in Malaysia. Two main constructs namely justice and nature of contract are considered in this study. The result of the SEM revealed that lack of justice and weak regulatory system couple with the nature of the contract of financing significantly contributes to the problem of abandoned housing projects. Hence, it is suggested that fairness in contract (e.g. risk sharing) and sound regulatory system could help in mitigating the effect of abandoned housing problems.
format Conference or Workshop Item
author Abdullah, Moha Asri
Abdul Razak, Dzuljastri
Mohamed, Mustafa Omar
Olaniyi, Oladokun Nafiu
author_facet Abdullah, Moha Asri
Abdul Razak, Dzuljastri
Mohamed, Mustafa Omar
Olaniyi, Oladokun Nafiu
author_sort Abdullah, Moha Asri
title Justice and nature of contract as determinant of abandoned housing project
title_short Justice and nature of contract as determinant of abandoned housing project
title_full Justice and nature of contract as determinant of abandoned housing project
title_fullStr Justice and nature of contract as determinant of abandoned housing project
title_full_unstemmed Justice and nature of contract as determinant of abandoned housing project
title_sort justice and nature of contract as determinant of abandoned housing project
publishDate 2015
url http://irep.iium.edu.my/45752/
http://irep.iium.edu.my/45752/
http://irep.iium.edu.my/45752/1/Final_AHP_final_correction_-_22.06.15.pdf
http://irep.iium.edu.my/45752/6/45752.pdf
first_indexed 2023-09-18T21:05:07Z
last_indexed 2023-09-18T21:05:07Z
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