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Article: The formation of owners’ corporations in Hong Kong’s private housing estates: A probit evaluation of Mancur Olson’s group theory

TitleThe formation of owners’ corporations in Hong Kong’s private housing estates: A probit evaluation of Mancur Olson’s group theory
Authors
KeywordsGroup theory
Transaction costs
Property management
Hong kong
Issue Date2004
PublisherEmerald Group Publishing Limited. The Journal's web site is located at http://www.emeraldinsight.com/info/journals/pm/pm.jsp
Citation
Property Management, 2004, v. 22 n. 1, p. 55-68 How to Cite?
AbstractAbstract: This paper uses a probit model to analyse 100 observations in terms of three hypotheses about the formation of owners’ corporations in high-density private housing estates in Hong Kong within the context of Mancur Olson’s group theory. The findings do not reject the theory, revealing that it is more likely for an older urban estate with fewer owners to form owners’ corporations. The discussion includes a brief introduction to Olson’s group theory and the development of the probit analysis. Some speculative thoughts about public participation in local level urban management and planning are offered in the conclusion.
Persistent Identifierhttp://hdl.handle.net/10722/42237
ISSN
2015 SCImago Journal Rankings: 0.331

 

DC FieldValueLanguage
dc.contributor.authorLai, LWCen_HK
dc.contributor.authorChan, PYLen_HK
dc.date.accessioned2007-01-08T02:32:18Z-
dc.date.available2007-01-08T02:32:18Z-
dc.date.issued2004en_HK
dc.identifier.citationProperty Management, 2004, v. 22 n. 1, p. 55-68en_HK
dc.identifier.issn0263-7472en_HK
dc.identifier.urihttp://hdl.handle.net/10722/42237-
dc.description.abstractAbstract: This paper uses a probit model to analyse 100 observations in terms of three hypotheses about the formation of owners’ corporations in high-density private housing estates in Hong Kong within the context of Mancur Olson’s group theory. The findings do not reject the theory, revealing that it is more likely for an older urban estate with fewer owners to form owners’ corporations. The discussion includes a brief introduction to Olson’s group theory and the development of the probit analysis. Some speculative thoughts about public participation in local level urban management and planning are offered in the conclusion.en_HK
dc.format.extent92372 bytes-
dc.format.extent2635 bytes-
dc.format.mimetypeapplication/pdf-
dc.format.mimetypetext/plain-
dc.languageengen_HK
dc.publisherEmerald Group Publishing Limited. The Journal's web site is located at http://www.emeraldinsight.com/info/journals/pm/pm.jspen_HK
dc.rightsCreative Commons: Attribution 3.0 Hong Kong License-
dc.subjectGroup theoryen_HK
dc.subjectTransaction costsen_HK
dc.subjectProperty managementen_HK
dc.subjectHong kongen_HK
dc.titleThe formation of owners’ corporations in Hong Kong’s private housing estates: A probit evaluation of Mancur Olson’s group theoryen_HK
dc.typeArticleen_HK
dc.identifier.openurlhttp://library.hku.hk:4550/resserv?sid=HKU:IR&issn=0263-7472&volume=22&issue=1&spage=55&epage=68&date=2004&atitle=The+formation+of+owners’+corporations+in+Hong+Kong’s+private+housing+estates:+A+probit+evaluation+of+Mancur+Olson’s+group+theoryen_HK
dc.description.naturepublished_or_final_versionen_HK
dc.identifier.doi10.1108/02637470410525491en_HK

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