Valuation and land governance
Abstract
Purpose
Land governance plays an important part in influencing the quality of valuations. The purpose of this paper is to review the different meanings of governance.
Design/methodology/approach
The World Bank Indicators of Governance, Jones Lang LaSalle's Global Real Estate Transparency Index (GRETI) and other data sources have been consulted.
Findings
The paper discusses what is meant by good governance and how this can be measured.
Originality/value
The paper presents some evidence to suggest that market transparency requires freedom of information and association, and is associated with factors such as the quality of institutions, the absence of corruption, and the quality of corporate governance.
Keywords
Citation
Grover, R. and Grover, C. (2012), "Valuation and land governance", Journal of Property Investment & Finance, Vol. 30 No. 1, pp. 88-98. https://doi.org/10.1108/14635781211194836
Publisher
:Emerald Group Publishing Limited
Copyright © 2012, Emerald Group Publishing Limited