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http://dx.doi.org/10.21219/jitam.2020.27.1.001

An Analysis of the Efficiency and Productivity of Domestic Construction Companies  

Joo, Su-Min (School of Business Administration and Accounting, Andong University)
Lee, Suchul (Department of Business Administration, Mokpo National University)
Hong, Jong-Yi (School of Business Administration and Accounting, Andong University)
Publication Information
Journal of Information Technology Applications and Management / v.27, no.1, 2020 , pp. 1-13 More about this Journal
Abstract
This study aims to measure the efficiency and productivity change of 30 domestic construction companies from 2010 to 2018 using data envelopment analysis(DEA) and Malmquist productivity index (MI). In particular, we used the number of employees, capital stock, and non-current assets as input variables, and sales and net income as ouput variables for the analysis. The dataset used for the analysis of efficiency and productivity changes is the employee profile and financial statements for the companies from 2010 to 2018. We found that the MI of the 30 companies is greater than one since 2013. This is because many years of TEC (Technical Efficiency Change) is greater than 1, which means that the productivity index increases as the TEC increases. In addition, the MI value was less than 1, which lowered the productivity of construction firms in 2018. The results of the study may help decision makers to find effective future management plans by analyzing the internal and external factors.
Keywords
Construction Company; Efficiency Analysis; Data Envelopment Analysis; Malmquist Index; Productivity Change;
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Times Cited By KSCI : 5  (Citation Analysis)
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