Faculty of Management Sciences
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Item The influence of property valuations on real estate investment decisions by businesses in Uganda : a literature gap(2023-08-10) Okumu, Benon; Chikafalimani, Samuel Herald Peter; Moyo, Sibusibo; Musinguzi, Moses; Kibwami, NathanThis paper describes findings of the review of literature on the influence of property valuations on real estate investment decisions by businesses in Uganda. Scoping review of accessible literature was the research approach that was applied to gather information for the paper. Results of the study revealed: lack of availability of market data; use of outdated property valuation data; external clients’ influence; unethical behaviour, negligence and professional misconduct of property valuers; lack of skills, poor education and training of property valuers; inadequate regulatory framework for the property valuation profession; and outdated property and land laws as main causes of inaccurate property valuations. Over and under-pricing of real estate, under and over-capitalization of real estate, inaccurate mortgage repayments, inaccurate property tax bills, under or over payment of building insurance premiums, wrong court decisions for real estate investments disputes, financial losses and bankruptcy, real estate market collapse and failure, and declining confidence in property valuers were identified as key consequences of inaccurate property valuations. Furthermore, the study identified: strengthening of property valuation curricula, registration of well qualified property valuers, improvement of regulatory framework for the property valuation profession, promoting accessibility of affordable new technology to improve accuracy of property valuations, reforms of outdated property and land laws, and encouragement of research to increase accuracy of property valuations as main interventions that can be implemented to improve accuracy of property valuations. Findings will support the development of a comprehensive property valuation model aimed at improving accuracy of property valuations in Uganda and elsewhere.Item Socio-demographics and their link to selection of charitable causes in South Africa : a correspondence analysis approach(Virtus Interpresss, 2014) Corbishley, Karen MargaretCause related marketing describes an activity in which contributions are made to selected charities in response to customers' purchases. In South Africa, the number of causes requiring help is large due to the on-going shortage of funds and the number of people in need. The objective of this study was to establish the relationship between selected causes and socio-demographic variables. This was a quantitative, cross-sectional study. Quota sampling was used, and questionnaires were administered to 400 candidates in major shopping centres. Correspondence analysis was used to compare and map the results of cause choices against the selected socio-demographic factors. The findings indicated that there are relationships between the demographic factors and the causes selected by the respondents