{"id":"https://openalex.org/W7127092128","doi":"https://doi.org/10.15396/afres2025-034","title":"The framework for the development of a standard for mass valuation in South Africa","display_name":"The framework for the development of a standard for mass valuation in South Africa","publication_year":2025,"publication_date":"2025-01-01","ids":{"openalex":"https://openalex.org/W7127092128","doi":"https://doi.org/10.15396/afres2025-034"},"language":null,"primary_location":{"id":"doi:10.15396/afres2025-034","doi":"https://doi.org/10.15396/afres2025-034","is_oa":true,"landing_page_url":"https://doi.org/10.15396/afres2025-034","pdf_url":"https://afres.architexturez.net/system/files/AFRES-2026-034.pdf","source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Shaping the future of African Real Estate Markets: Exploring Opportunities: the 24th Annual AfRES Conference","raw_type":"proceedings-article"},"volume":null,"type":"conference-paper","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"gold","oa_url":"https://afres.architexturez.net/system/files/AFRES-2026-034.pdf","any_repository_has_fulltext":null},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5124855454","display_name":"Partson Paradza","orcid":"https://orcid.org/0000-0001-5289-3179","observed_orcids":["https://orcid.org/0000-0001-5289-3179"]},"institutions":[{"id":"https://openalex.org/I192619145","display_name":"University of the Witwatersrand","ror":"https://ror.org/03rp50x72","country_code":"ZA","type":"education","lineage":["https://openalex.org/I192619145"]}],"countries":["ZA"],"is_corresponding":false,"raw_author_name":"Partson Paradza","raw_affiliation_strings":["School of Construction Economics and Management , University of the Witwatersrand , South Africa"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Construction Economics and Management , University of the Witwatersrand , South Africa","institution_ids":["https://openalex.org/I192619145"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5009075135","display_name":"Benita G. Zulch","orcid":"https://orcid.org/0000-0001-8777-2510","observed_orcids":["https://orcid.org/0000-0001-8777-2510"]},"institutions":[{"id":"https://openalex.org/I26999989","display_name":"University of the Free State","ror":"https://ror.org/009xwd568","country_code":"ZA","type":"education","lineage":["https://openalex.org/I26999989"]}],"countries":["ZA"],"is_corresponding":false,"raw_author_name":"Benita Zulch","raw_affiliation_strings":["Department of Quantity Surveying and Construction Management , University of the Free State , South Africa"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Quantity Surveying and Construction Management , University of the Free State , South Africa","institution_ids":["https://openalex.org/I26999989"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5055984887","display_name":"Joseph Awoamim Yacim","orcid":"https://orcid.org/0000-0003-0651-3360","observed_orcids":["https://orcid.org/0000-0003-0651-3360"]},"institutions":[{"id":"https://openalex.org/I26999989","display_name":"University of the Free State","ror":"https://ror.org/009xwd568","country_code":"ZA","type":"education","lineage":["https://openalex.org/I26999989"]}],"countries":["ZA"],"is_corresponding":false,"raw_author_name":"Joseph Yacim","raw_affiliation_strings":["Department of Quantity Surveying and Construction Management , University of the Free State , South Africa"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Quantity Surveying and Construction Management , University of the Free State , South Africa","institution_ids":["https://openalex.org/I26999989"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5124948860","display_name":"Steven Piet Ngubeni","orcid":"https://orcid.org/0009-0007-4357-0168","observed_orcids":["https://orcid.org/0009-0007-4357-0168"]},"institutions":[{"id":"https://openalex.org/I99712911","display_name":"Nelson Mandela University","ror":"https://ror.org/03r1jm528","country_code":"ZA","type":"education","lineage":["https://openalex.org/I99712911"]}],"countries":["ZA"],"is_corresponding":false,"raw_author_name":"Ngubeni Steven","raw_affiliation_strings":["School of Construction Economics and Management , Nelson Mandela University , South Africa"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Construction Economics and Management , Nelson Mandela University , South Africa","institution_ids":["https://openalex.org/I99712911"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":3,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":true,"cited_by_count":0,"citation_normalized_percentile":{"value":0.72916163,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T12675","display_name":"Financial Reporting and Valuation Research","score":0.4860999882221222,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T12675","display_name":"Financial Reporting and Valuation Research","score":0.4860999882221222,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13366","display_name":"Accounting Theory and Financial Reporting","score":0.08479999750852585,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T14030","display_name":"Taxation and Legal Issues","score":0.04050000011920929,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/mass-valuation","display_name":"mass valuation","score":0.9670000076293945},{"id":"https://openalex.org/keywords/valuation-standards","display_name":"valuation standards","score":0.7089999914169312},{"id":"https://openalex.org/keywords/international-valuation-standards","display_name":"International Valuation Standards","score":0.6449999809265137},{"id":"https://openalex.org/keywords/valuation-disputes","display_name":"valuation disputes","score":0.7919999957084656},{"id":"https://openalex.org/keywords/valuation-regulation","display_name":"valuation regulation","score":0.5389999747276306},{"id":"https://openalex.org/keywords/legal-reform","display_name":"legal reform","score":0.7379999756813049},{"id":"https://openalex.org/keywords/south-africa","display_name":"South Africa","score":0.6340000033378601},{"id":"https://openalex.org/keywords/developing-countries","display_name":"developing countries","score":0.949999988079071}],"concepts":[{"id":"https://openalex.org/C186027771","wikidata":"https://www.wikidata.org/wiki/Q4008379","display_name":"Valuation (finance)","level":2,"score":0.8094000220298767},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4449000060558319},{"id":"https://openalex.org/C83864248","wikidata":"https://www.wikidata.org/wiki/Q177323","display_name":"Developing country","level":2,"score":0.3580999970436096},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.35760000348091125},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.3479999899864197},{"id":"https://openalex.org/C205664371","wikidata":"https://www.wikidata.org/wiki/Q17050450","display_name":"Income approach","level":3,"score":0.31850001215934753},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.2888000011444092},{"id":"https://openalex.org/C100001284","wikidata":"https://www.wikidata.org/wiki/Q2248246","display_name":"Public economics","level":1,"score":0.2676999866962433},{"id":"https://openalex.org/C93692415","wikidata":"https://www.wikidata.org/wiki/Q1502030","display_name":"Thematic map","level":2,"score":0.24979999661445618},{"id":"https://openalex.org/C43269997","wikidata":"https://www.wikidata.org/wiki/Q7239248","display_name":"Pre-money valuation","level":3,"score":0.2433999925851822}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.15396/afres2025-034","doi":"https://doi.org/10.15396/afres2025-034","is_oa":true,"landing_page_url":"https://doi.org/10.15396/afres2025-034","pdf_url":"https://afres.architexturez.net/system/files/AFRES-2026-034.pdf","source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Shaping the future of African Real Estate Markets: Exploring Opportunities: the 24th Annual AfRES Conference","raw_type":"proceedings-article"}],"best_oa_location":{"id":"doi:10.15396/afres2025-034","doi":"https://doi.org/10.15396/afres2025-034","is_oa":true,"landing_page_url":"https://doi.org/10.15396/afres2025-034","pdf_url":"https://afres.architexturez.net/system/files/AFRES-2026-034.pdf","source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Shaping the future of African Real Estate Markets: Exploring Opportunities: the 24th Annual AfRES Conference","raw_type":"proceedings-article"},"sustainable_development_goals":[],"sustainable_development_goals_aurora":[{"id":"https://metadata.un.org/sdg/17","score":0.5278260707855225,"display_name":"Partnerships for the goals"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W7127092128.pdf","grobid_xml":"https://content.openalex.org/works/W7127092128.grobid-xml"},"referenced_works_count":0,"referenced_works":[],"related_works":[],"abstract_inverted_index":{"The":[0,31,62,95],"valuation":[1,5,24,45,60,88,91,119,136,151,184],"disputes":[2],"associate":[3],"to":[4,37,51,102,157],"inconsistencies":[6],"and":[7,50,70,80,90,144,164],"inaccuracies,":[8],"suggest":[9],"that":[10,107],"South":[11,48,122,169],"Africa":[12],"urgently":[13],"needs":[14],"either":[15],"a":[16,28,53,127,149],"renewed":[17],"commitment":[18],"in":[19,47,121],"implementing":[20],"the":[21,34,39,42,56,75,83,86,98,114,124,131,134,161,171],"international":[22,43,115],"mass":[23,44,59,87,118,135,150,183],"standards":[25,46,116,120],"or":[26,111],"developing":[27,148,178],"localized":[29],"standard.":[30,152],"objective":[32],"of":[33,41,77,97,113,133,147,160],"study":[35,63,84,99,125],"is":[36,65,109],"investigate":[38],"application":[40],"Africa,":[49,123,170],"propose":[52],"framework":[54,129,172],"for":[55,130,168,176],"development":[57,132],"local":[58],"standards.":[61,185],"approach":[64],"qualitative,":[66],"underpinned":[67],"by":[68],"interviews":[69],"focused":[71],"group":[72],"discussions.":[73],"With":[74],"aid":[76],"purposeful":[78],"sampling":[79],"snow":[81],"balling,":[82],"targeted":[85],"practitioners":[89],"regulators,":[92],"which":[93,138],"were.":[94],"results":[96],"were":[100],"subjected":[101],"thematic":[103],"analysis.":[104],"After":[105],"establishing":[106],"there":[108],"little":[110],"non-use":[112],"during":[117],"proposed":[126],"practical":[128],"standard,":[137],"provides":[139],"guidance":[140],"on":[141],"both":[142],"procedural":[143],"substantive":[145],"aspects":[146],"Legal":[153],"reforms":[154],"are":[155],"recommended":[156],"make":[158],"adoption":[159],"standard":[162],"mandatory":[163],"effective.":[165],"Although":[166],"designed":[167],"can":[173],"be":[174],"useful":[175],"other":[177],"countries":[179],"without":[180],"their":[181],"own":[182]},"counts_by_year":[],"updated_date":"2026-10-13T10:08:12.033832","created_date":"2026-02-03T00:00:00"}