• Title/Summary/Keyword: Construction Firm

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A REVIEW TOWARDS DEVELOPING A FRAMEWORK FOR MEASURING FACTORS OF CORPORATE ENTREPRENEURSHIP THAT INFLUENCE FIRM PERFORMANCE IN HOUSING DEVELOPMENT INDUSTRY

  • Roslinda Ali;Mastura Jaafar;Abdul Rashid Abdul-Aziz
    • International conference on construction engineering and project management
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    • 2007.03a
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    • pp.583-592
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    • 2007
  • Entrepreneurship scholars have defined Corporate Entrepreneurship (CE) in many ways. Generally, works from these scholars had discussed on the common aspects of CE, benefits of CE, types of CE and ways to cultivate and design CE for companies. These scholars also developed models of CE to construct a framework for mapping CE research. From here, the present writers have presented a proposed framework to see how far the factors of CE, their business strategy and external environment influenced the developers' firm performance in housing development industry. However, this is just the initial stage of the study and the model needs to be revised before it can be tested in the field.

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MEASURING PERFORMANCE IN EGYPTIAN CONSTRUCTION FIRMS APPLYING QUALITY MANAGEMENT SYSTEMS

  • Manal S. Abd Elhamid;Sahar. Sh. Ghareeb;Ramadan O. Mohamed
    • International conference on construction engineering and project management
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    • 2011.02a
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    • pp.149-156
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    • 2011
  • The performance measurement of construction firms is considered as a competitive advantage to develop and improve their performance to have place in the market and stay able to face the continuous challenge. Egyptian construction firms (ECF) started recently to adopt quality management system (QMS) as a way to develop and improve their performance as previous studies showed. However, measuring that performance to include all the firm's aspects in a competitive way is a crucial process for the ECF's culture. The research is trying to indicate the role of the QMS implementation in measuring performance (MP) through developing a model for measuring performance on the organization level, and explore its impact on the organization that adopt quality management system. This model is based on specific elements and their related indicators which have been derived from national approaches and models of measuring performance (benchmarking, quality awards and six sigma).Elements determination and the status of their real practice has been investigated through a questionnaire to a representative sample of ECF. This model determines the performance level (PL) of the organization that measured by a mean of a point system. Weights of the elements in the point system considered both the elements' importance in the international models and its real practice in the Egyptian construction firms. So, the final outcome of the model reveals the level of firm performance that helps the firm to identify the weak points against the strong ones, Confirm the priorities and identify new opportunities for developing, and Check the position of the company in the market among the others. Another questionnaire has been developed to be distributed on a group of Experts on measuring performance for the purpose of model validation. The majority of surveyed experts agreed that the proposed model can be applied effectively.

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A Study on Perception Level of D.F.S in Architecture Design Firm and Solutions (설계사무소의 D.F.S 인식수준 분석 및 해결방향)

  • You, Sung-Gon;Lee, Kun-Hyung;Shin, Won-Sang;Son, Chang-Baek
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2018.05a
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    • pp.43-44
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    • 2018
  • In the past, safety management has been carried out mainly by constructors, but now, participants of all construction projects such as clients, designers, constructors, and construction managers are being changed to perform safety management together. Among them, the design safety review, which examines whether the client has secured the design safety at the design stage, has been implemented since May 19, 2016, but it has not been properly implemented. Therefore, this study analyzed perception level and problems of D.F.S in architecture design firms and suggested the solutions.

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Analyzing the Engagement of Professional Construction Managers in Construction Management firm and Its Improvement Measures (CM 전문회사 단장 활용실태 및 개선방안)

  • Son, Chang-Baek;Huh, Young-Ki;Lee, Dong-Eun
    • Korean Journal of Construction Engineering and Management
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    • v.14 no.2
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    • pp.87-95
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    • 2013
  • The number of construction management firms has been increased as construction management delivery system has been active in Korean construction market. the capability of leading construction management professional, who is responsible for managing project administration, is important for commissioning construction management contracts. The quality of project proposal and the capability of leading construction management professional, which are assessed by the board of contract awarding committee, are the major contributors for commissioning the public construction management projects administered by the Korean public procurement service for contracting. Therefore, employing a very competent leading construction management professional is the critical strategy for awarding contract to the construction management firms' part. That is why the firms should secure a fixed number of leading construction management professional in a waiting list to proceed the contract commissioning process for expectant candidate projects, even if there is no project assignable to the leading construction management professionals. However, a measure that makes effectively use of the leading construction management professional in a waiting list has not been systematically implemented in the firms. In turn, the firm suffers considerable loss in a project personnel supply and demand plan. Expert opinions were obtained by the survey questionaries administered to top management of the construction management firms which are engaged in the construction management contracts for commissioning the public construction management projects administered by the Korean public procurement service either as principal or co-principal deliverer. This paper presents the findings obtained by investigating the actual employment state of the leading construction management professional in the waiting list and by analyzing the issues involved in mobilizing and demobilizing them. It contributes to implement a practical guide for searching effective solutions to the issues.

An Evaluation Method of Water Supply Reliability for a Dam by Firm Yield Analysis (보장 공급량 분석에 의한 댐의 물 공급 안전도 평가기법 연구)

  • Lee, Sang-Ho;Kang, Tae-Uk
    • Journal of Korea Water Resources Association
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    • v.39 no.5 s.166
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    • pp.467-478
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    • 2006
  • Water supply reliability for a dam is defined with a concept of probabilistic reliability. An evaluation procedure of the water supply reliability is shown with an analysis of long term firm yield reliability. The water supply reliabilities of Soyanggang Dam and Chungju Dam were evaluated. To evaluate the water supply reliability, forty one sets of monthly runoff series were generated by SAMS-2000. HEC-5 model was applied to the reservoir simulation to compute the firm yield from a monthly data of time series. The water supply reliability of the firm yield from the design runoff data of Soyanggang Dam is evaluated by 80.5 % for a planning period of 50 years. The water supply reliability of the firm yield from the historic runoff after the dam construction is evaluated by 53.7 %. The firm yield from the design runoff is 1.491 billion $m^3$/yr and the firm yield from the historic runoff is 1.585 billion $m^3$/yr. If the target draft Is 1.585 billion $m^3$/yr, additional water of 0.094 billion $m^3$ could be supplied every year with its risk. From the similar procedures, the firm yield from the design runoff of Chungju Dam is evaluated 3.377 billion $m^3$/yr and the firm yield from the historic runoff is 2.960 billion $m^3$/yr. If the target draft is 3.377 billion $m^3$/yr, water supply insufficiency occurs for all the sets of time series generated. It may result from overestimation of the spring runoff used for design. The procedure shown can be a more objective method to evaluate water supply reliability of a dam.

Factors Affecting the Implementation of Environmental Accounting by Construction Companies Listed on the Ho Chi Minh Stock Exchange

  • NGUYEN, Thi Mai Huong;NGUYEN, Thi Kim Tuyen;NGUYEN, Thi Thao Vi
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.8
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    • pp.269-280
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    • 2020
  • The study investigates Environmental Accounting Information (EAI) as well as factors affecting the environmental accounting implementation by the construction firms listed on the Ho Chi Minh Stock Exchange (HOSE), Vietnam. After eliminating seven enterprises that lacked data, the authors selected a sample of 112 observations from 28 construction businesses listed on the Ho Chi Minh Stock Exchange in the period 2015-2018. This study uses research data extracted from the companies' annual reports. Then, the data are analyzed by Stata 13 software, including descriptive statistics, correlation coefficient analysis, regression analysis of table data using estimation methods (Pooled OLS, REM, FEM), and testing of model defects (heteroskedasticity test, multicollinearity test, autocorrelation test). The results show that construction companies listed on the Ho Chi Minh Stock Exchange have out factors affecting the environmental accounting implementation by these enterprises, including independent audit firm and listed time. While the independent auditor firm has a positive and significant impact, the listed time has a negative influence. In addition, our study has confirmed the role of institutional factors affecting the disclosure level of EAI on the implementation of environmental accounting by construction enterprises listed on the Ho Chi Minh Stock Exchange.

The Influence Factors on the Adoption of Environmental Management Systems in Korean Manufacturing Firms (우리나라 제조기업의 환경경영시스템 도입에 대한 영향요인 연구)

  • Choe, Jong-Min
    • Korean Management Science Review
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    • v.31 no.2
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    • pp.15-32
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    • 2014
  • This research empirically investigated the influence factors on the adoption of environmental management systems (EMS) in Korean manufacturing firms. In this study, the external factors (cause factors), the internal factors (facilitating factors) and the firm specific characteristics were integrally considered. In the factor analysis, the third item (regional society) of the external factors and the first item (environmental law) of government regulation were confounded with the items of the other factors. Thus, the confounded items were removed. In the second factor analysis, no items were replicated. The results of a multiple regression analysis showed that the influence factors such as government regulation, normative pressure, top management support, environmental strategy and employees' recognition, and ratio of large shareholders have a significant impact on the construction of EMS. However, the effects of the other firm specific characteristics were not statistically significant. We also examined whether both the number of environmental personnel and the allocation of environmental resources, which are directly related with the adoption of EMS, have a moderating impact on the relationships between other internal factors and the construction of EMS. With a subgroup analysis, the moderating roles of the number of environmental personnel were empirically confirmed. Through a multiple regression analysis, the direct effects of the external factors on the adoption or construction of the internal factors were demonstrated. The effects of government regulation, normative pressure and imitative pressure on the internal factors were significant and positive. Finally, in this study, the fact that the adoption of EMS can improve the environmental performance of a firm was also empirically found.

The Character Analysis of Organization Structure according to Construction Firm in Korea (국내 건설기업 조직구조 특성분석 연구)

  • Jin Sung-Lyong;Kim Yong-Gu;Kim Sun-Kuk;Han Choong-Hee
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • autumn
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    • pp.369-372
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    • 2003
  • Korea companies have been faced with the demand of environmental changes abroad by suffering Economic Crisis at 1997. In fact, these demand that modern firms are in the keen struggles for existence is the essential condition though of the age of Economic Crisis. Coping with these situation. these companies are making desperate efforts, which are reorganization, renovation, improvement, however, the procedure or the result about these efforts of change have to be checked wisely. That is, the firms have to meet requirement that could enhance their values because organization structure that is not efficient to growth of firms produces a quite contrary result. Such phenomenon is applicable to construction firm as well as limited with partial companies. Therefore, before forming a efficient organization structure, comparing and analyzing the strategy or financial statement according to construction firm, this study will try to grasp a characteristic of organization.

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Effects of Environmental Conscious Logistics System for Economy Base construction Under Resources Circulation and Logistics operation Practices on Firm Performance (물류분야에서의 순환형 시스템 구축요인과 물류운영전략이 기업 물류성과에 미치는 효과)

  • Park, Seog-Ha
    • 한국산학경영학회:학술대회논문집
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    • 2006.06a
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    • pp.103-123
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    • 2006
  • Resources circulation logistics factor has come to be one of the most important concerns in today's business due to the need for conscious use of limited resources and the greenhouse effects. The purpose of this study was to propose strategic approaches to improve firm's competitive advantages by exploring the logistics practices that increase firm's logistics performance and reduce environmental problems at the same time. In doing so, we reviewed past literature on Resources circulation logistics factor, logistics operation level, and firm's logistics Performance, and then developed a conceptual model and researchable hypotheses, Survey data were collected from manufacturing companies to test the hypotheses. Survey data included the variables of Resources circulation logistics factor, logistics operation practices, and firm's performance. Firm's performance was measured by customer service and logistics costs.

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건설 CALS 구현을 위한 한일 접근 방법에 관한 연구

  • 오세정;김연응;최돈승
    • Proceedings of the CALSEC Conference
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    • 1999.07b
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    • pp.663-676
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    • 1999
  • Construction CALS is actively being pursued in Korea and Japan. This paper overviews the similarities and differences between both CALS. And this paper reveals both countries have a common ultimate goal of construction CALS, but a slight differences in their implementing processes. Lately Korean construction CALS places much emphasis upon supporting construction management for contractors and project owner, while Japanese construction CALS has made an great efforts in the electronic bidding system and implementing intelligent CAD system and its application. With a firm support and active involvement of enterprises, both countries will flexibly adapt their construction CALS to the changes in future technological trends and build-up of information infrastructure.

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