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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
| Title | The formation of owners’ corporations in Hong Kong’s private housing estates: A probit evaluation of Mancur Olson’s group theory |
|---|---|
| Authors | |
| Keywords | Group theory Transaction costs Property management Hong kong |
| Issue Date | 2004 |
| Publisher | Emerald 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? |
| Abstract | Abstract: 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 Identifier | http://hdl.handle.net/10722/42237 |
| ISSN | 2023 Impact Factor: 1.1 2023 SCImago Journal Rankings: 0.392 |
| DC Field | Value | Language |
|---|---|---|
| dc.contributor.author | Lai, LWC | en_HK |
| dc.contributor.author | Chan, PYL | en_HK |
| dc.date.accessioned | 2007-01-08T02:32:18Z | - |
| dc.date.available | 2007-01-08T02:32:18Z | - |
| dc.date.issued | 2004 | en_HK |
| dc.identifier.citation | Property Management, 2004, v. 22 n. 1, p. 55-68 | en_HK |
| dc.identifier.issn | 0263-7472 | en_HK |
| dc.identifier.uri | http://hdl.handle.net/10722/42237 | - |
| dc.description.abstract | Abstract: 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.extent | 92372 bytes | - |
| dc.format.extent | 2635 bytes | - |
| dc.format.mimetype | application/pdf | - |
| dc.format.mimetype | text/plain | - |
| dc.language | eng | en_HK |
| dc.publisher | Emerald Group Publishing Limited. The Journal's web site is located at http://www.emeraldinsight.com/info/journals/pm/pm.jsp | en_HK |
| dc.subject | Group theory | en_HK |
| dc.subject | Transaction costs | en_HK |
| dc.subject | Property management | en_HK |
| dc.subject | Hong kong | en_HK |
| dc.title | The formation of owners’ corporations in Hong Kong’s private housing estates: A probit evaluation of Mancur Olson’s group theory | en_HK |
| dc.type | Article | en_HK |
| dc.identifier.openurl | http://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+theory | en_HK |
| dc.description.nature | published_or_final_version | en_HK |
| dc.identifier.doi | 10.1108/02637470410525491 | en_HK |
| dc.identifier.scopus | eid_2-s2.0-84986018801 | - |
| dc.identifier.issnl | 0263-7472 | - |