Mastering the metropolis through research and thought leadership.
Working Papers

Real Estate Ethics

Working paper #355
Bowen H. McCoy

Students in business schools should be expected to acquire the sense of moral awareness to make ethics an instinctive input in business decisions. They must learn the difference between a rules-based approach to ethics and an approach emphasizing consequences. The global economy has triggered a need for professionals to practice a global ethic that should incorporate Western practices as well as acknowledge the core beliefs of other world cultures and religions. Students should be exposed to ethical dilemmas that will prepare them to deal with the problems they will encounter in their careers. It is important to learn that an ethical leader have the ability to discern issues where others may not; further, they must possess the self-confidence to seek out different points of view. Eventually, for such leaders, an ethical component of decision-making should become intuitive.

Download full paper · 1MB PDF


In This Section
Explore Topics

Affordable Housing Architecture Asia Borrowing Constraints Canada China Colombia Commercial Brokerage covid-19 CRE Credit Risk Transfers Debt Market Demographics Development e-Commerce Equity Market Ethnic Factors Europe Foreclosures Global Global Financial Crisis hospitality Housing & Residential Housing Supply India inflation Investing land use regulation Macroeconomics Microeconomics Mixed-Use Mobility Mortgage Rates Mortgages Multi-family Non-Traditional Mortgages office sector Political Risk Real Estate Investment Trusts Recession Rental Retail South America Sub-Prime Mortgages Sustainability United States Urban Urbanization work from home

arrow_drop_up