Justice and nature of contract as determinant of abandoned housing project
This study aims at exploring the perception of stakeholders particularly the home buyers about the causes of abandoned housing project (AHP) in Malaysia. Assessing the determinant of AHP could assist in mitigating the effect of AHP in Malaysia. In this study, we employed factor analysis and Structur...
| Main Authors: | , , , |
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| Format: | Proceeding Paper |
| Language: | English English |
| Published: |
2015
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/45752/ http://irep.iium.edu.my/45752/1/Final_AHP_final_correction_-_22.06.15.pdf http://irep.iium.edu.my/45752/6/45752.pdf |
| _version_ | 1848782842678476800 |
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| author | Abdullah, Moha Asri Abdul Razak, Dzuljastri Mohamed, Mustafa Omar Olaniyi, Oladokun Nafiu |
| author_facet | Abdullah, Moha Asri Abdul Razak, Dzuljastri Mohamed, Mustafa Omar Olaniyi, Oladokun Nafiu |
| author_sort | Abdullah, Moha Asri |
| building | IIUM Repository |
| collection | Online Access |
| description | This study aims at exploring the perception of stakeholders particularly the home buyers about the causes of abandoned housing project (AHP) in Malaysia. Assessing the determinant of AHP could assist in mitigating the effect of AHP in Malaysia. In this study, we employed factor analysis and Structural Equation Modelling (SEM) to achieve the stated objective. The total sample size of the study comprises of 328 respondents that cut across all states in Malaysia. Two main constructs namely justice and nature of contract are considered in this study. The result of the SEM revealed that lack of justice and weak regulatory system couple with the nature of the contract of financing significantly contributes to the problem of abandoned housing projects. Hence, it is suggested that fairness in contract (e.g. risk sharing) and sound regulatory system could help in mitigating the effect of abandoned housing problems.
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| first_indexed | 2025-11-14T16:11:53Z |
| format | Proceeding Paper |
| id | iium-45752 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English English |
| last_indexed | 2025-11-14T16:11:53Z |
| publishDate | 2015 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-457522015-12-03T08:19:27Z http://irep.iium.edu.my/45752/ Justice and nature of contract as determinant of abandoned housing project Abdullah, Moha Asri Abdul Razak, Dzuljastri Mohamed, Mustafa Omar Olaniyi, Oladokun Nafiu HG4001 Financial management. Business finance. Corporation finance. This study aims at exploring the perception of stakeholders particularly the home buyers about the causes of abandoned housing project (AHP) in Malaysia. Assessing the determinant of AHP could assist in mitigating the effect of AHP in Malaysia. In this study, we employed factor analysis and Structural Equation Modelling (SEM) to achieve the stated objective. The total sample size of the study comprises of 328 respondents that cut across all states in Malaysia. Two main constructs namely justice and nature of contract are considered in this study. The result of the SEM revealed that lack of justice and weak regulatory system couple with the nature of the contract of financing significantly contributes to the problem of abandoned housing projects. Hence, it is suggested that fairness in contract (e.g. risk sharing) and sound regulatory system could help in mitigating the effect of abandoned housing problems. 2015 Proceeding Paper PeerReviewed application/pdf en http://irep.iium.edu.my/45752/1/Final_AHP_final_correction_-_22.06.15.pdf application/pdf en http://irep.iium.edu.my/45752/6/45752.pdf Abdullah, Moha Asri and Abdul Razak, Dzuljastri and Mohamed, Mustafa Omar and Olaniyi, Oladokun Nafiu (2015) Justice and nature of contract as determinant of abandoned housing project. In: International Conference on Contemporary Issues in Accounting and Finance 2015 (CoCIAF 2015), 8th-10th October 2015, Hilton Kuching, Sarawak. (Unpublished) http://www.feb.unimas.my/cociaf/ |
| spellingShingle | HG4001 Financial management. Business finance. Corporation finance. Abdullah, Moha Asri Abdul Razak, Dzuljastri Mohamed, Mustafa Omar Olaniyi, Oladokun Nafiu Justice and nature of contract as determinant of abandoned housing project |
| title | Justice and nature of contract as determinant of abandoned housing project |
| title_full | Justice and nature of contract as determinant of abandoned housing project |
| title_fullStr | Justice and nature of contract as determinant of abandoned housing project |
| title_full_unstemmed | Justice and nature of contract as determinant of abandoned housing project |
| title_short | Justice and nature of contract as determinant of abandoned housing project |
| title_sort | justice and nature of contract as determinant of abandoned housing project |
| topic | HG4001 Financial management. Business finance. Corporation finance. |
| url | http://irep.iium.edu.my/45752/ http://irep.iium.edu.my/45752/ http://irep.iium.edu.my/45752/1/Final_AHP_final_correction_-_22.06.15.pdf http://irep.iium.edu.my/45752/6/45752.pdf |