Can Institutional Investors Bias Real Estate Portfolio Appraisals? Evidence from the Market Downturn

This paper investigates the extent to which institutional investors may have influenced independent real estate appraisals during the financial crisis. A conceptual model of the determinants of client influence on real estate appraisals is proposed. It is suggested that the extent of clients’ abilit...

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Bibliographic Details
Authors: Crosby, Neil (Author) ; Devaney, Steven (Author) ; Lizieri, Colin (Author) ; McAllister, Patrick (Author)
Format: Electronic Article
Language:English
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Published: Springer Science + Business Media B. V 2018
In: Journal of business ethics
Year: 2018, Volume: 147, Issue: 3, Pages: 651-667
Further subjects:B Client influence
B Real Estate
B Appraisal
B Performance measurement
B Institutional investors
Online Access: Presumably Free Access
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