Speaker
Description
Resilience theory focuses on the ability of systems and organisations to resist crisis situations, absorb the effects of crisis and adapt to new conditions. This theory offers an important perspective, especially in understanding the dynamics of complex systems. In this study, Resilience theory is analysed in the context of the housing sector. Studies on the factors affecting the corporate resilience of housing developer firms are limited in the literature and in-depth analyses on the determinants of resilience are needed.
This paper aims to provide a comprehensive analysis of various parameters affecting the resilience capacity of housing developer firms. In this way, it identifies the factors that shape the resilience capabilities of firms against the institutional, economic, social and environmental crises they face and reveals the network of relationships between these factors. In this context, this study aims to contribute to the existing gaps in the literature by providing both a theoretical and practical framework.
Within the scope of the research, the data obtained from a survey conducted with 110 housing developer companies operating in Istanbul were analysed. The survey was designed to gather information on how economic, ecological, political, institutional and social factors affect the resilience capacities of firms. The scope of the questionnaire included a total of 30 parameters to measure the perceptions of the respondents, which were evaluated using a five-point Likert scale. The data was collected between October 2024 and December 2024 using a hybrid model involving both online and face-to-face interviews. In this way, the views of the participants were systematically quantitatively evaluated and flexibility was provided in the data collection process.
In the analysis part of the study, Factor Analysis was used to examine the data obtained in depth. This method reveals the implicit relationships and dimensions between resilience parameters thanks to its ability to reduce high-dimensional data sets to a meaningful and small number of factors. Exploratory Factor Analysis (EFA) method was applied in the study; in this process, no hypothesis was determined in advance, and factor structures were discovered in line with the results of the analysis. Factor analysis was used as a tool to understand the basic components by simplifying the complex relationships between resilience parameters.
The findings have identified the main factor groups affecting the resilience of housing developer firms. Important clues have been provided for integrating these factor groups into sectoral practices. The research results provide information that will help managers and decision makers to develop more strategic and flexible management approaches. In addition, it is aimed to contribute to the establishment of a more robust institutional structure in the sector by providing concrete suggestions for companies that want to increase their resilience capacity.
In conclusion, this study brings a new perspective to the theoretical debates in the literature and demonstrates the applicability of resilience theory in the housing sector. By providing a comprehensive analysis of resilience factors, the research contributes to the development of a more prepared and adaptive structure of sectoral actors against crises. In this context, it has the potential to be a valuable reference source for both academic literature and sectoral practices.
References
- Brill, F., & Özogul, S. (2021) ‘Follow the firm: Analyzing the international ascendance of build to rent’, Economic Geography, 97(3), pp. 235–256. Available at: https://doi.org/10.1080/00130095.2021.1931108
- Taşan-Kok, T., Özogul, S., & Legarza, A. (2021) ‘After the crisis is before the crisis: Reading property market shifts through Amsterdam’s changing landscape of property investors’, European Urban and Regional Studies, 28(4), pp. 375–394. Available at: https://doi.org/10.1177/09697764211021883
- Yaman-Galantini, Z. (2018) Urban resilience as a policy paradigm for sustainable urban planning and urban development: The case of Istanbul (Doctoral dissertation). Istanbul Technical University, Turkey.
| Keywords | Housing; Resilience; Crisis; Resilience capabilities of housing developer firms |
|---|---|
| Best Congress Paper Award | Yes |
