Corporate Social Responsibility and Ethics in Real Estate: Evidence from Turkey


Kirkulak B.

PROFESSIONALS' PERSPECTIVES OF CORPORATE SOCIAL RESPONSIBILITY, ss.253-268, 2009 (SSCI) identifier

Özet

Many countries have experienced real estate bubbles due to unethical appraisal practices and a limited base of real estate industry skills. Since the real estate industry is subject to a series of uncertainties and therefore speculation, a responsible method of real estate appraisal reduces the risk involved in property transactions. In the absence of a credible real estate appraisal method, investors are prone to experience swings in property values and suffer as a result.