An updated survey of factors influencing property valuation accuracy in Australia

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Rotimi Boluwatife Abidoye ◽  
Wei Huang ◽  
Abdul-Rasheed Amidu ◽  
Ashad Ali Javad
Keyword(s):  
Online Questionnaire ◽  
Chi Square ◽  
Content Type ◽  
The Public ◽  
Property Valuation ◽  
Current State ◽  
Chi Square Test ◽  
The Subject ◽  
And Training ◽  
Practical Implications

PurposeThis study updates and extends the current work on the issue of accuracy of property valuation. The paper investigates the factors that contribute to property valuation inaccuracy and examines different strategies to achieve greater accuracy in practice.Design/methodology/approachAn online questionnaire was designed and administered on the Australian Property Institute (API) registered valuers, attempting to examine their perceptions on the current state of valuation accuracy in Australia. The variables/statements from responses are ranked overall and compared for differences by the characteristics of respondents.FindingsUsing mean rating point, the survey ranked three factors; inexperience valuers, the selection, interpretation and use of comparable evidence in property valuation exercise and the complexity of the subject property in terms of design, age, material specification and state of repairs as the most significant factors currently affecting valuation inaccuracy. The results of a Chi-square test did not, however, show a significant statistical relationship between respondents' profile and the perception on the comparative importance of the factors identified. Except for valuers' age and inexperience valuers and valuers' educational qualification and inexperience valuers and the selection, interpretation and use of comparable evidence in property valuation exercise. Also, the three highly ranked strategies for reducing the level of inaccuracy are: developing a global mindset, use of advanced methodology and training valuers on market forecasting skills.Practical implicationsIn order for valuers to provide state-of-the-art service to the public and to remain relevant, there is a need to accurately and reliably estimate valuation figures. Hence, the strategies highlighted in this study could be considered in a bid to reduce property valuation inaccuracy in practice.Originality/valueThis study provides an updated overview of the issue of property valuation inaccuracy in the Australia valuation practice and examines the strategies to reduce it.

Shapeholders: managing them as allies, partners and significant constituents

2017 ◽  
Vol 45 (5) ◽  
pp. 41-48 ◽  
Author(s):  
Oleksiy Osiyevskyy ◽  
Vladyslav Biloshapka
Keyword(s):  
Business Models ◽  
Social Activism ◽  
Business Success ◽  
Content Type ◽  
Building Relationships ◽  
The Public ◽  
Short Run ◽  
Common Interests ◽  
The Subject ◽  
Practical Implications

Purpose The authors review the concept of building relationships with Shapeholders,: a broad group of players that have no financial stake in the company yet can substantively influence it. The process for doing this is the subject of a new book by Mark Kennedy, Shapeholders: Business success in the age of social activism. Design/methodology/approach The authors examine Mark Kennedy’s framework for managing the firm’s shapeholders, a model composed of seven basic steps (7A’s): Align with a purpose, Anticipate, Assess, Avert, Acquiesce, Advance common interests, and Assemble to win. Findings Managing corporate reputation in alliance with enlightened shapeholders is a potential defense against self-aggrandizing schemes to wantonly maximize shareholder value in the short run. Practical implications Managing shapeholders is part of the messy democratic process that works when power is apportioned fairly among those affected by a firm’s decisions, and this process underpins the winning business models of true market leaders. Social implications Stakeholders previously discredited as mere “mosquitos” have gained new power, particularly when their legitimate concerns and unfair treatment resonate with the interests of a significant segment of the public and influential shapeholders. Originality/value Shapeholders can create enormous opportunities for smart managers capable of effectively engaging with them.

Autonomous vehicles: a review of the ethical, social and economic implications of the AI revolution

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Shweta Banerjee
Keyword(s):  
Artificial Intelligence ◽  
Autonomous Vehicles ◽  
Design Methodology ◽  
Technological Advancement ◽  
Economic Implications ◽  
Content Type ◽  
The Public ◽  
Autonomous Cars ◽  
The Subject ◽  
Practical Implications

PurposeThere are ethical, legal, social and economic arguments surrounding the subject of autonomous vehicles. This paper aims to discuss some of the arguments to communicate one of the current issues in the rising field of artificial intelligence.Design/methodology/approachMaking use of widely available literature that the author has read and summarised showcasing her viewpoints, the author shows that technology is progressing every day. Artificial intelligence and machine learning are at the forefront of technological advancement today. The manufacture and innovation of new machines have revolutionised our lives and resulted in a world where we are becoming increasingly dependent on artificial intelligence.FindingsTechnology might appear to be getting out of hand, but it can be effectively used to transform lives and convenience.Research limitations/implicationsFrom robotics to autonomous vehicles, countless technologies have and will continue to make the lives of individuals much easier. But, with these advancements also comes something called “future shock”.Practical implicationsFuture shock is the state of being unable to keep up with rapid social or technological change. As a result, the topic of artificial intelligence, and thus autonomous cars, is highly debated.Social implicationsThe study will be of interest to researchers, academics and the public in general. It will encourage further thinking.Originality/valueThis is an original piece of writing informed by reading several current pieces. The study has not been submitted elsewhere.

Identifying features of health misinformation on social media sites: an exploratory analysis

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Shuai Zhang ◽  
Feicheng Ma ◽  
Yunmei Liu ◽  
Wenjing Pian
Keyword(s):  
Social Media ◽  
Semantic Features ◽  
Chi Square ◽  
Content Type ◽  
Media Companies ◽  
Chi Square Test ◽  
Open Coding ◽  
Salient Features ◽  
Axial Coding ◽  
Practical Implications

PurposeThe purpose of this paper is to explore the features of health misinformation on social media sites (SMSs). The primary goal of the study is to investigate the salient features of health misinformation and to develop a tool of features to help users and social media companies identify health misinformation.Design/methodology/approachEmpirical data include 1,168 pieces of health information that were collected from WeChat, a dominant SMS in China, and the obtained data were analyzed through a process of open coding, axial coding and selective coding. Then chi-square test and analysis of variance (ANOVA) were adopted to identify salient features of health misinformation.FindingsThe findings show that the features of health misinformation on SMSs involve surface features, semantic features and source features, and there are significant differences in the features of health misinformation between different topics. In addition, the list of features was developed to identify health misinformation on SMSs.Practical implicationsThis study raises awareness of the key features of health misinformation on SMSs. It develops a list of features to help users distinguish health misinformation as well as help social media companies filter health misinformation.Originality/valueTheoretically, this study contributes to the academic discourse on health misinformation on SMSs by exploring the features of health misinformation. Methodologically, the paper serves to enrich the literature around health misinformation and SMSs that have hitherto mostly drawn data from health websites.

Knowledge of Islamic accounting among professionals: evidence from the Tunisian context

2017 ◽  
Vol 8 (3) ◽  
pp. 304-325 ◽  
Author(s):  
Rym Ben Abd El Afou
Keyword(s):  
Relevant Literature ◽  
Basic Knowledge ◽  
Content Type ◽  
Audit Firms ◽  
Islamic Financial Institutions ◽  
Regulatory Bodies ◽  
The Subject ◽  
Accounting Graduates ◽  
And Training ◽  
Practical Implications

Purpose The paper is intended as an extension of the literature dealing with the Islamic accounting standards issued by the Accounting Auditing Organization for Islamic Financial Institutions (AAOIFI) and still not adopted in Tunisia. Its major aim is to investigate the Tunisian accountants’ basic knowledge and perceptions of Islamic accounting. The study has been designed for the sake of the Tunisian accountants’ predisposition to adhere to the AAOIFI standards, as a population directly concerned by an eventual adoption of such standards. Design/methodology/approach The paper opted for an exploratory study using a questionnaire survey based on the relevant literature. The questionnaire has included items pertaining to demographic areas, information sources, basic knowledge, key differences, valuation concepts, obstacles and advantages, educational and training needs regarding Islamic accounting. The conducted study has involved data collected from the part of 200 practitioners across a number of organizations and audit firms, sited at different regions and locations of the country, employing accounting graduates. Findings The reached findings suggest that even though Tunisian practitioners are not well aware of most of the AAOIFI standards’ pertaining topics, proponents of stand-alone AAOIFI standards, apart from IFRS, appear to outnumber its opponents. In this context, lack of training programs arranged by professional bodies is considered as the most serious impediment facing the implementation of the standards. Research limitations/implications In addition to the usual limitations associated with any survey research (particularly non-response bias and desirability bias), there, also, lies a sample related limitation, as the sample turns out to involve, essentially the private/corporate sector. Pertinent organizations, as the IFI’s, appear to be not well represented in the sample. Practical implications The results reached through this study would have some implications on the regulatory bodies, academicians and professionals. Thus, for the AAOIFI standards to be successfully implemented in Tunisia, entirety of concerned parties should take part in improving and consolidating the situation. Social implications Ultimately, studying differences in the views of jurisdictions, either those who have adopted the AAOIFI standards or those who have not, might provide certain guidelines to standard setters for potential revisions. Originality/value Few short articles have previously exanimate the perceptions and knowledge of accounting professionals on Islamic accounting issues, there is a scarcity of research regarding the subject. To the author’s knowledge, this paper is one of the rare studies of Islamic accounting in Tunisia.

Security of classified information: one standard or many?

2017 ◽  
Vol 13 (1) ◽  
pp. 9-12 ◽  
Author(s):  
John Michael Weaver
Keyword(s):  
Public Sector ◽  
Design Methodology ◽  
Department Heads ◽  
Government Employee ◽  
Content Type ◽  
The Public ◽  
The Subject ◽  
Single Standard ◽  
Political Appointee ◽  
Practical Implications

Purpose There should be one standard for those with access to classified data. Leadership by example should be required by all managers, supervisors and department heads. The paper aims to discuss this issue. Design/methodology/approach This paper is a viewpoint and does not have a methodology. Findings Leaders who work in the public sector have an inherent responsibility to earn and maintain the trust of the public for whom they serve. Regardless of whether one is a career government employee, a politician or a political appointee, all who have access to classified material should respect the necessity of safeguards to keep one’s nation’s secrets – secret. Research limitations/implications If leaders fail to set the example, then nations risk further breaches of their classified information. Practical implications This viewpoint applies to anyone who works in an environment dealing with classified material. Social implications This viewpoint serves to educate the public on maintaining a single standard for those who handle classified material. Originality/value The author has yet to see much covered in peer-reviewed publications on this topic and believe that the subject is particularly relevant at this time.

scholarly journals Demography factors influencing Indonesian general knowledge on COVID-19

2021 ◽  
Vol 10 (1) ◽  
pp. 113
Author(s):  
Violantina Linardi ◽  
Rizma Adlia Syakurah ◽  
Jesica Moudy
Keyword(s):  
General Knowledge ◽  
Health Campaign ◽  
Online Questionnaire ◽  
Chi Square ◽  
The Public ◽  
Bare Hand ◽  
Chi Square Test ◽  
Media Platform ◽  
Occupational Background ◽  
And Behavior

Pandemic COVID-19 is a health problem that is spread all over the world including Indonesia. As 4 June 2020, Indonesia has reached 28,818 persons confirmed COVID-19, 1,721 deaths related to COVID-19 and 8.892 patients have recovered from the disease. The amount of response and attention of the public regarding the COVID-19 case in Indonesia and the circulation of information in the community became the basis of interest in identifying and analyzing demography factors with general knowledge on COVID-19. Participants were 1,254 collected through online questionnaire distributed on social media platform, from February 5, 2020 to June 6, 2020. Data analyzed used Chi square test with significant <0.05. The result showed that majority of respondents have good general knowledge about COVID-19 and the personal prevention towards the disease (>75%). Nonetheless, most misinformation was that COVID-19 killed everyone contracted to it, came from a biological weapon laboratory, and that covering mouth and nose with bare hand is considered as correct coughing ethic. Characteristics that showed statistical significances were education, occupation, and educational/occupational background. Although Indonesian governments already give the best effort to educate the public to stop the transmission, an extensive educational health campaign should be done to raise awareness in public about preventive knowledge and behavior of COVID-19.

The value of TPM for Portuguese companies

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Eduardo Vaz ◽  
José Carlos Vieira De Sá ◽  
Gilberto Santos ◽  
Florbela Correia ◽  
Paulo Ávila
Keyword(s):  
Operational Performance ◽  
Total Productive Maintenance ◽  
Content Type ◽  
Current State ◽  
Performance Dimensions ◽  
The Impact ◽  
And Training ◽  
Systematic Reduction ◽  
Practical Implications ◽  
Structured Questionnaire

PurposeThe purpose of this paper is to assess the impact of a maintenance philosophy, Total Productive Maintenance (TPM), on the operational performance of the Portuguese industry, identifying how it enables the systematic reduction of waste in maintenance.Design/methodology/approachA structured questionnaire was constructed and sent to 472 Portuguese enterprises, having obtained a sample constituted of 84 valid answers. With a five-point Likert scale, it was possible to assess the impact of the TPM on five operational performance dimensions, being them: quality, flexibility, productivity, safety and costs.FindingsIt was found that the planned maintenance, together with education and training are the practices with the highest degree of implementation in the Portuguese industry, exceeding 70% for both. The productivity is the dimension with a higher degree of impact from the implementation of TPM and costs the dimension that suffered a lesser impact.Practical implicationsThis paper shows and analyses the current state of TPM implementation in the Portuguese industry and it will be useful for maintenance professionals, researchers and others concerned with maintenance, in order to understand the effects of TPM implementation on the operational performance of the Portuguese industries.Originality/valueThe findings from this paper will be valuable for professionals who desire and are looking forward to implement an effective maintenance approach in the maintenance management system, in order to achieve the excellence in maintenance.

Economic crisis and child maltreatment in Spain: the consequences of the recession in the child protection system

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Xavier Montagud Mayor
Keyword(s):  
Economic Crisis ◽  
Child Protection ◽  
Protection System ◽  
Protective Activity ◽  
Economic Data ◽  
Chi Square ◽  
Content Type ◽  
Chi Square Test ◽  
The Relationship ◽  
Practical Implications

Purpose This study aims to examine the consequences of the last great recession on the child protection system (CPS) in Spain, to estimate whether there is any kind of relationship between the conditions of socio-economic crisis and its protective activity. Design/methodology/approach Data on child protection legal measures issued by the CPS and socio-economic data from 8 of the 17 regions of the country were cross-checked. Using the chi-square test, it was possible to determine the significance and intensity of the relationship between the different variables in each of the regions of the study. Findings During the crisis, the number of recorded cases fell most sharply in those regions with the worst socio-economic indicators. The study shows that there is a significant relationship between the socio-economic conditions of the regions and families and the activity of the CPS in each of them, so that the worsening of the former reduces the protective activity of their protection system. Practical implications The results ask about the influence of the socioeconomic situation in the decision-making of the CPS in Spain and the need to deepen in its study. Originality/value To the best of the author’s knowledge, this is the first longitudinal study on the effects of the economic crisis on CPS activity in Spain.

scholarly journals The flash crash: a review

2017 ◽  
Vol 1 (1) ◽  
pp. 89-100
Author(s):  
Ali N. Akansu
Keyword(s):  
Relevant Literature ◽  
Content Type ◽  
Flash Crash ◽  
Current State ◽  
Research Findings ◽  
Pros And Cons ◽  
The Subject ◽  
The Common ◽  
Unequal Access ◽  
Practical Implications

Purpose The purpose of this paper is to present an overview of the flash crash, and explain why and how it happened. Design/methodology/approach The author summarizes several studies suggesting various perspectives on the flash crash and its causes. Furthermore, the author highlights recently proposed and introduced improvements and regulations to reduce the risk of having similar market collapses in the future. Findings It is an overview paper that highlights the state of the art on the subject. Research limitations/implications Paper does not report any research findings of the author. Practical implications High-frequency trading (HFT) along with its pros and cons is the new normal for most of the current electronic trading activity in the markets. It is well recognized by the experts that HFT may have its important shortcomings whenever the rules and regulations are not up to date to match the technological progress offering faster computational and execution capabilities. Social implications HFT has created a societal discussion about its benefits and potential deficiencies as the common practice for trading due to potentially unequal access to market data by various categories of participants. Such arguments help the regulators to develop improvements to reduce the market risk and nurture more robust and fair markets for all. Originality/value The paper has a tutorial value and summarizes the current state of HFT. The readers of more interest are guided to the most relevant literature for further reading.

A categorisation of dialectics in response to project uncertainty

2022 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Michael Buhagiar ◽  
Julien Pollack ◽  
Sharon Coyle
Keyword(s):  
Historical Development ◽  
Design Methodology ◽  
Content Type ◽  
Current State ◽  
Complex Projects ◽  
Significant Damage ◽  
The World ◽  
The Subject ◽  
State Of Research ◽  
Practical Implications

PurposeScholars are increasingly acknowledging the importance of conversations in the management of complex projects. Defining dialectics as “the art of purposeful conversation”, this paper aims to rationalise the somewhat disorganised field of dialectics by developing a categoreal scheme.Design/methodology/approachThe authors refer to the current state of research into the conversational aspects of complex projects, and examine the historical development of, and philosophical and scholarly commentary on, the dialectical method.FindingsThe categories the authors propose are the Socratic, Conversational, Fichtean and Peircean. They differ in relation to the subject matter of the dialectic; their vulnerability to environmental influences; the degree of structure they require for optimal performance; and the situations in which they might most profitably be applied.Research limitations/implicationsA single categoreal scheme is rarely the last word, and the authors invite other scholars to explore the field in a similar way.Practical implicationsThe scheme proposed here is intended to enhance the project manager's approach to conversations, by referring to the specific virtues and limitations of each of the categories.Social implicationsThe informed use of dialectics may help to ameliorate the significant damage done to organisations and economies around the world by failed and underperforming projects.Originality/valueThe authors present the first categorisation of the field, with the aim of equipping the practitioner to think about dialectical approaches in a more systematic way.

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