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Article

Tripartite Efficacy Beliefs and Homeowner Participation in Multi-Owned Housing Governance

Department of Public Policy, City University of Hong Kong, Tat Chee Avenue, Kowloon Tong, Kowloon, Hong Kong 999077, China
Sustainability 2018, 10(9), 3338; https://doi.org/10.3390/su10093338
Received: 2 August 2018 / Revised: 13 September 2018 / Accepted: 14 September 2018 / Published: 18 September 2018
(This article belongs to the Special Issue Real Estate Economics, Management and Investments)
Homeowners’ collective actions are essential for effective governance of multi-owned housing (MOH) and a city’s sustainable development. Yet, not all homeowners keenly participate in MOH governance. Unpacking why homeowners decide to participate is thus insightful. So far, little work has been done on how perceived efficacies of property management agents (PMAs) shape collective actions in MOH governance. Founding upon the social cognitive theory and collective interest model, a theoretical model is built to empirically examine how proxy efficacy belief influences participation behaviors of homeowners. Drawing on the findings of a survey of 2035 homeowners in Hong Kong and Macau, this study reveals that participation level correlates positively with self and group efficacy beliefs but negatively with perceived proxy efficacy. Poor performance or incapacity of the PMAs triggers a higher degree of homeowner participation. The research findings have significant policy implications for promoting a better MOH upkeep culture. View Full-Text
Keywords: resident involvement; neighborhoods; social theory; multi-owned housing; efficacy beliefs; housing governance resident involvement; neighborhoods; social theory; multi-owned housing; efficacy beliefs; housing governance
MDPI and ACS Style

Yau, Y. Tripartite Efficacy Beliefs and Homeowner Participation in Multi-Owned Housing Governance. Sustainability 2018, 10, 3338. https://doi.org/10.3390/su10093338

AMA Style

Yau Y. Tripartite Efficacy Beliefs and Homeowner Participation in Multi-Owned Housing Governance. Sustainability. 2018; 10(9):3338. https://doi.org/10.3390/su10093338

Chicago/Turabian Style

Yau, Yung. 2018. "Tripartite Efficacy Beliefs and Homeowner Participation in Multi-Owned Housing Governance" Sustainability 10, no. 9: 3338. https://doi.org/10.3390/su10093338

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