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Impact of social media usage on performance of construction businesses (CBs) in Abuja, Nigeria

Luqman Oyekunle Oyewobi (Quantity Surveying Department, Federal University of Technology Minna, Minna, Nigeria)
Olufemi Seth Olorunyomi (Quantity Surveying Department, Federal University of Technology Minna, Minna, Nigeria)
Richard Ajayi Jimoh (Department of Building, Federal University of Technology Minna, Minna, Nigeria)
James Olabode Bamidele Rotimi (Construction Management, Massey University, Palmerston North, New Zealand)

Journal of Financial Management of Property and Construction

ISSN: 1366-4387

Article publication date: 18 January 2021

Issue publication date: 27 July 2021

690

Abstract

Purpose

Many construction businesses are currently building and keeping social media pages for their enterprises to be visible to the public to improve their social interaction, promote business interest, build trust and relationships with their targeted audience on social media. The purpose of this study is to examine the impact of social mediausage on performance of construction businesses (CBs) in Abuja, Nigeria.

Design/methodology/approach

This study used a quantitative research approach by identifying constructs that reveal three aspects of organisation’s physiognomies that impact the process of espousing, implementing and using technological innovations in conducting businesses. Well-structured questionnaire was used to obtain data from 113 purposively sampled building materials’ merchant operating in Dei-Dei Market, Abuja, Nigeria. This study used partial least squares structural equation modelling technique to establish the relationship among the constructs.

Findings

The results of this study indicated that technology has significant relationship with social media adoption, whereas social media adoption has a very strong positive impact on organisation’s performance (P < 0.001) with respect to improved customer relations and services and enhanced information accessibility.

Research limitations/implications

This study has implications for CBs that wish to adopt social media to promote their businesses by presenting to them the opportunity to understand the impact of technology, environment and organisational potential in improving business performance. This study is cross-sectional in nature, and this calls for caution in interpreting the results.

Originality/value

This paper developed and tested a conceptual framework presented to understand the interrelationships amongst the constructs, which would be of great significance to business owners in developing their social interaction and promote business interest via social media. The outcome of this research is beneficial to researchers to further study how the different social media tools could help in influencing business decisions.

Keywords

Citation

Oyewobi, L.O., Olorunyomi, O.S., Jimoh, R.A. and Rotimi, J.O.B. (2021), "Impact of social media usage on performance of construction businesses (CBs) in Abuja, Nigeria", Journal of Financial Management of Property and Construction, Vol. 26 No. 2, pp. 257-278. https://doi.org/10.1108/JFMPC-05-2020-0042

Publisher

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Emerald Publishing Limited

Copyright © 2020, Emerald Publishing Limited

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