Record Details

Business success and psychological traits of housing developers

Construction Economics and Building

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Field Value
 
Title Business success and psychological traits of housing developers
 
Creator Jaafar, Mastura
Nuruddin, Azlan Raofuddin
Syed Abu Bakar, Syed Putra
 
Subject economics
Business success, psychological traits and housing developers
success
 
Description Although the issues on entrepreneurship in the real estate industry are disparaging and have received little interest from global researchers, the significant roles played by the industry players warrant further investigation. The personal traits of the owners/managers are deemed to be the key factors to the business success of housing development firms. This paper examined the main determinants of successful business in the housing development sector under the lens of psychological traits of the owners/managers. To identify the success factors of housing development firms, interviews were conducted on 10 housing developers in Peninsular Malaysia. The study shows the significant psychological traits that distinguish the business success of housing developers compared with those in the existing literature. These factors are (1) high confidence and ambition, (2) vision and foresight, (3) industriousness, (4) perseverance and (5) integrity. As housing development is a risky industry, developers can use these findings as a guideline in managing their business toward superior performance.
 
Publisher UTS ePRESS
 
Contributor Universiti Sains Malaysia
 
Date 2014-06-24
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
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Interview
 
Format application/pdf
 
Identifier http://epress.lib.uts.edu.au/journals/index.php/AJCEB/article/view/3789
10.5130/AJCEB.v14i2.3789
 
Source Construction Economics and Building; Vol 14, No 2 (2014): AJCEB; 57-72
2204-9029
 
Language eng
 
Relation http://epress.lib.uts.edu.au/journals/index.php/AJCEB/article/view/3789/4064
http://epress.lib.uts.edu.au/journals/index.php/AJCEB/article/downloadSuppFile/3789/816
 
Coverage South-East Asia
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10 housing developers
 
Rights Copyright (c) 2014 Mastura Jaafar, Azlan Raofuddin Nuruddin, Syed Putra Syed Abu Bakar
http://creativecommons.org/licenses/by/4.0