The impact of job satisfaction on valuers’ attitudes towards professional ethics

Professional ethics is one of the two pillars of the valuer’s business practice, alongside expert knowledge. Ethical principles are usually formulated within a code of professional ethics which valuers are obliged to follow. The approach to professional ethics is a complex problem and it is conditio...

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Autores principales: Agnieszka Małkowska, Mateusz Tomal, Małgorzata Uhruska, Justyna Pawlak, Gunther Maier, Alina Nichiforeanu
Formato: article
Lenguaje:EN
Publicado: Vilnius Gediminas Technical University 2021
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Acceso en línea:https://doaj.org/article/8dd5a22a1b5c46ed8c6948a77dd6d654
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spelling oai:doaj.org-article:8dd5a22a1b5c46ed8c6948a77dd6d6542021-11-23T13:51:26ZThe impact of job satisfaction on valuers’ attitudes towards professional ethics1648-715X1648-917910.3846/ijspm.2021.15768https://doaj.org/article/8dd5a22a1b5c46ed8c6948a77dd6d6542021-11-01T00:00:00Zhttps://journals.vgtu.lt/index.php/IJSPM/article/view/15768https://doaj.org/toc/1648-715Xhttps://doaj.org/toc/1648-9179Professional ethics is one of the two pillars of the valuer’s business practice, alongside expert knowledge. Ethical principles are usually formulated within a code of professional ethics which valuers are obliged to follow. The approach to professional ethics is a complex problem and it is conditioned by several factors. In our study, we pose the question whether higher professional satisfaction of real estate valuers translates into more ethical attitudes regarding work-related dilemmas. We conducted research on property valuation services in two European markets: Austria and Poland. Data for the analysis was drawn from 176 surveys in which valuers were asked to respond to hypothetical work situations corresponding to the principles of the real estate valuer’s code. The results obtained using the ordinary least squares (OLS) and two-stage last squares (2SLS) regression methods allow us to conclude that higher job satisfaction positively impacts valuers’ ethical attitudes. The segment of the market served is also an important driver. Valuers who mainly work for property developers show a significantly lower level of ethical attitudes. The influence of the country on professional ethics is ambiguous.Agnieszka MałkowskaMateusz TomalMałgorzata UhruskaJustyna PawlakGunther MaierAlina NichiforeanuVilnius Gediminas Technical Universityarticlereal estate valuerjob satisfactionprofessional ethicsprofessional code of conductprincipal–agency problemManagement. Industrial managementHD28-70FinanceHG1-9999ENInternational Journal of Strategic Property Management, Vol 25, Iss 6, Pp 497–513-497–513 (2021)
institution DOAJ
collection DOAJ
language EN
topic real estate valuer
job satisfaction
professional ethics
professional code of conduct
principal–agency problem
Management. Industrial management
HD28-70
Finance
HG1-9999
spellingShingle real estate valuer
job satisfaction
professional ethics
professional code of conduct
principal–agency problem
Management. Industrial management
HD28-70
Finance
HG1-9999
Agnieszka Małkowska
Mateusz Tomal
Małgorzata Uhruska
Justyna Pawlak
Gunther Maier
Alina Nichiforeanu
The impact of job satisfaction on valuers’ attitudes towards professional ethics
description Professional ethics is one of the two pillars of the valuer’s business practice, alongside expert knowledge. Ethical principles are usually formulated within a code of professional ethics which valuers are obliged to follow. The approach to professional ethics is a complex problem and it is conditioned by several factors. In our study, we pose the question whether higher professional satisfaction of real estate valuers translates into more ethical attitudes regarding work-related dilemmas. We conducted research on property valuation services in two European markets: Austria and Poland. Data for the analysis was drawn from 176 surveys in which valuers were asked to respond to hypothetical work situations corresponding to the principles of the real estate valuer’s code. The results obtained using the ordinary least squares (OLS) and two-stage last squares (2SLS) regression methods allow us to conclude that higher job satisfaction positively impacts valuers’ ethical attitudes. The segment of the market served is also an important driver. Valuers who mainly work for property developers show a significantly lower level of ethical attitudes. The influence of the country on professional ethics is ambiguous.
format article
author Agnieszka Małkowska
Mateusz Tomal
Małgorzata Uhruska
Justyna Pawlak
Gunther Maier
Alina Nichiforeanu
author_facet Agnieszka Małkowska
Mateusz Tomal
Małgorzata Uhruska
Justyna Pawlak
Gunther Maier
Alina Nichiforeanu
author_sort Agnieszka Małkowska
title The impact of job satisfaction on valuers’ attitudes towards professional ethics
title_short The impact of job satisfaction on valuers’ attitudes towards professional ethics
title_full The impact of job satisfaction on valuers’ attitudes towards professional ethics
title_fullStr The impact of job satisfaction on valuers’ attitudes towards professional ethics
title_full_unstemmed The impact of job satisfaction on valuers’ attitudes towards professional ethics
title_sort impact of job satisfaction on valuers’ attitudes towards professional ethics
publisher Vilnius Gediminas Technical University
publishDate 2021
url https://doaj.org/article/8dd5a22a1b5c46ed8c6948a77dd6d654
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