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The Effect of Aggressive Order Intake on Defect of Construction Companies - Empirical Analysis Using Financial Approach -

공격적인 수주행위가 건설기업의 하자발생에 미치는 영향 - 재무적 접근을 이용한 실증분석 -

  • Park, Hong-Jo (College of Economics & Business, Daegu University) ;
  • An, Sung-Hoon (Department of Architectural Engineering, Daegu University)
  • Received : 2021.02.22
  • Accepted : 2021.03.18
  • Published : 2021.04.20

Abstract

This study empirically verified whether aggressive order intake affect occurrence of defects of Korean construction companies. In order to compensate for the shortage of construction costs due to aggressive low-cost orders of contractors, self-response measures such as design changes are followed, and construction defects may be induced in this process. It aims to verify relevance between aggressive order intake and defect in construction empirically using financial accounting data. As a result, it was confirmed that an abnormal increase in order volume and a deterioration in profitability such as operating margin due to aggressive order taking behavior leads to a decrease in construction quality and occurrence of defects. In addition, it was also confirmed that low construction ability and intentional changes in construction design or contract conditions after construction commences were a direct causes of defects. The results of this study can serve as an opportunity to come up with measures to prevent defects by confirming the relationship between defects in construction and deterioration of profitability due to aggressive low-cost order takings.

본 연구는 도급공사의 공격적인 저가 수주로 인한 공사비 부족을 만회하기 위해 설계변경 등 자구책이 뒤따르게 되고, 이러한 과정에서 시공상의 하자가 유발될 수 있다는 점에 대하여 재무적 자료를 이용하여 실증분석하는 것을 목적으로 한다. 연구 결과, 공격적인 수주행위로 인한 수주량의 비상적인 증가와 영업이익률 등 수익성 악화는 공사 품질의 저하와 하자 발생으로 이어진다는 것을 확인하였다. 또한 시공눙력이 낮거나 공사 착공 후 설계나 계약 조건을 변경하는 경우 하자발생의 직접적인 원인이 된다는 것도 확인하였다. 공격적인 저가 수주와 하자 발생 사이의 관련성을 확인함으로써, 하자발생을 방지할 수 있는 방안을 마련하는 계기가 될 수 있다.

Keywords

References

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