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Article
Publication date: 31 January 2024

Fernando Luis Tam Wong, Enrique Alonso Castro Guzman and Eduardo Franco Chalco

The main objective of this study was to establish a model of competitiveness factors to measure the value of construction companies adequately.

Abstract

Purpose

The main objective of this study was to establish a model of competitiveness factors to measure the value of construction companies adequately.

Design/methodology/approach

A theoretical model of four main factors was developed, and they include human capital, ethical values, process innovation and financing. Information was collected from 18 construction companies in the city of Metropolitan Lima, collecting information on each of these factors. Through an analysis of the principal components, the weighting of each factor about the competitiveness of a construction company was determined.

Findings

The cost of person-hours, the cost of equipment to execute work, and the cost of materials used are the strongest indicators to measure the competitiveness of a construction company. On the other hand, the number of employees holding university degrees and the number of master builders holding technical degrees in the human capital factor also have a moderate weight in determining the competitiveness value of a company. The indicator of work delivered within the deadline also moderately affects competitiveness. Finally, the monthly debt payment indicator has a very small effect on the company’s competitiveness.

Originality/value

In conclusion, this study provides evidence of a competitiveness model with highly related factors on human capital, process innovation and ethical values as the most important in measuring competitiveness.

Propósito

El objetivo principal de la investigación fue establecer un modelo de factores de competitividad para medir adecuadamente el valor de las empresas constructoras.

Metodología

Se desarrolló un modelo teórico de cuatro factores principales, que incluyen el capital humano, los valores éticos, la innovación de procesos y el financiamiento. Se recolectó información de 18 empresas constructoras de la ciudad de Lima Metropolitana, recolectando información de cada uno de estos factores. A través de un análisis de componentes principales se determinó la ponderación de cada uno de ellos sobre la competitividad de una empresa constructora.

Resultados

El costo de horas hombre, el costo de los equipos para ejecutar obras y el costo de material utilizado son los indicadores más fuertes para medir la competitividad de una empresa constructora. Por otro lado, la cantidad de empleados con títulos universitarios y la cantidad de maestros de obra con título técnico del factor de capital humano también tienen un peso moderado en la determinación del valor de competitividad de una empresa. El indicador de obras entregadas dentro de plazo también tiene un efecto moderado sobre la competitividad. Finalmente, el indicador de pago mensual de la deuda tiene un efecto muy pequeño sobre la competitividad de la empresa.

Originalidad

En conclusión, el estudio proporciona evidencia de un modelo de competitividad con factores altamente relacionados sobre el capital humano, la innovación de procesos y los valores éticos como los más importantes a la hora de medir la competitividad.

Details

Academia Revista Latinoamericana de Administración, vol. 37 no. 1
Type: Research Article
ISSN: 1012-8255

Keywords

Article
Publication date: 2 October 2017

Yiu Chung Wong and Jason K.H. Chan

The purpose of this paper is to explore the emergence of civil disobedience (CD) movements in Hong Kong in the context of the notion of civil society (CS).

Abstract

Purpose

The purpose of this paper is to explore the emergence of civil disobedience (CD) movements in Hong Kong in the context of the notion of civil society (CS).

Design/methodology/approach

The paper begins by rigorously defining the notion of CD, as well as the concept of CS and tracing its development in Hong Kong over the past several decades. By using a model of CS typology, which combines the variables of state control and a society’s quest for autonomy (SQA), the paper aims to outline the historical development of CD movements in Hong Kong. It also discusses the recent evolution of CS and its relationship with CD movements, particularly focusing on their development since Leung Chun-ying became the Chief Executive in 2012. Finally, by using five cases of CD witnessed in the past several decades, the relationship between the development of CS and the emergence of CD in Hong Kong has been outlined.

Findings

Four implications can be concluded: first, CD cannot emerge when the state and society are isolated. Second, the level of SC and the scale of CD are positively related. Third, as an historical trend, the development of SQA is generally in linear progress; SQA starts from a low level (e.g. interest-based and welfare-based aims) and moves upwards to campaign for higher goals of civil and political autonomy. If the lower level of SQA is not satisfied, it can lead to larger scale CD in future. Fourth, the CD movement would be largest in scale when the state-society relationship confrontational and when major cleavages can be found within CS itself.

Originality/value

This paper serves to enrich knowledge in the fields of politics and sociology.

Details

Asian Education and Development Studies, vol. 6 no. 4
Type: Research Article
ISSN: 2046-3162

Keywords

Article
Publication date: 31 August 2020

Wai Ching Choy

This paper explores how the Government of the Hong Kong Special Administrative Region (HKSARG) securitizes internal security, cultural identity and welfare system through refugee…

Abstract

Purpose

This paper explores how the Government of the Hong Kong Special Administrative Region (HKSARG) securitizes internal security, cultural identity and welfare system through refugee policy instruments. It also aims to explore the roles of members of the Legislative Council (Legco) and Chinese newspapers in the securitization process.

Design/methodology/approach

The author analyzed 6 landmark verdicts, 342 related documents of the Legco, 2,386 news coverages and 408 editorials/ column articles from 6 selected Chinese newspapers from 2005 to mid-2019. While documents of the Legco were collected from the Legco archives, news reports, editorials and column articles were gathered on Wisenews with the keywords, namely, refugees, asylum seekers, torture claims and non-refoulement claims.

Findings

The author argues that the advanced comprehensive security approach helps to comprehend the securitization process in Hong Kong. The HKSARG, Legco members of the pro-government camp and pro-government Chinese newspapers perform as securitizing actors who regard refugees as an existential threat to the referent objects, i.e. internal security, cultural identity and welfare system.

Research limitations/implications

There are two significant limitations, namely, the coverage of newspapers and the absence of poll data. This paper merely selected six Chinese newspapers, which do not cover English newspapers and some other Chinese newspapers in Hong Kong. It may neglect some important data. Additionally, owing to the absence of longitudinal poll data, the author chose not to examine the related materials.

Originality/value

This paper intends to be the first study to provide a longitudinal examination of the transformations of current refugee policies in Hong Kong.

Details

Social Transformations in Chinese Societies, vol. 18 no. 1
Type: Research Article
ISSN: 1871-2673

Keywords

Article
Publication date: 6 May 2021

Maribel Guerrero, Fernando Herrera and David Urbano

Little is known about how subsidies enhance both collaborative and opportunistic behaviours within subsidized industry–university partnerships, and how partners' behaviours…

Abstract

Purpose

Little is known about how subsidies enhance both collaborative and opportunistic behaviours within subsidized industry–university partnerships, and how partners' behaviours influence the intellectual capital dynamics within subsidized industry–university. Based on these theoretical foundations, this study expects to understand intellectual capital’s (IC's) contribution as a dynamic or systemic process (inputs?outputs?outcomes) within subsided university–industry partnerships. Especially to contribute to these ongoing academic debates, this paper analyses how collaborative and opportunistic behaviours within industry–university partnerships influence the intellectual capital dynamics (inputs, outputs and outcomes) of the subsidized projects.

Design/methodology/approach

By combining two sources of information about 683 Mexican subsidized industry–university partnerships from 2009 to 2016, this study adopted the structural equation modelling (SEM) to analyse the effect of collaborative vs opportunistic behaviours in intellectual capital dynamics within subsidized projects.

Findings

Our results show three tendencies about the bright/dark side of subsidies within the Mexican industry–university partnerships. The first tendency shows how collaborative behaviours positively influence intellectual capital dynamics within subsidized industry–university partnerships. The second tendency shows how opportunistic behaviours influence intellectual capital impacts (performance) and return to society (job creation). The third tendency shows how initial inputs of subsidized projects generate some expected socio-economic returns that pursued the subsidies (mediation effect of intellectual capital outputs).

Research limitations/implications

This research has three limitations that provide a future research agenda. The main limitations were associated with our sources of information. The first limitation, we did not match subsidized partnerships (focus group) and non-subsidized partnerships (control group). A qualitative analysis should help understand the effect of subsidies on intellectual capital and partnerships' behaviours. The second limitation, our measures of collaborative/opportunistic behaviours as well as intellectual capital dynamics should be improved by balancing traditional and new metrics in future research. The third limitation is that in emerging economies, the quality of institutions could influence the submission/selection of subsidies and generate negative externalities. Future research should control by geographical dispersion and co-location of subsidies.

Practical implications

For enterprise managers, this study offers insights into IC dynamics and behaviours within subsidized industry–university partnerships. The bright side of collaboration behaviours is related to IC's positive impacts on performance and socio-economic returns. The dark side is the IC appropriation behind opportunistic behaviours. Enterprise managers should recognize the relevance of IC management to capture value and reduce costs associated with opportunistic behaviours. For the university community, this study offers potential trends adopted by industry–university partnerships to reinforce universities' innovative transformation processes. Specifically, these trends are related to the legitimization of the university's role in society and contribution to regional development through industry–university partnerships' outcomes. Therefore, university managers should recognize the IC benefits/challenges behind industry–university partnerships.

Social implications

For policymakers, the study indirectly shows the role of subsidies for generating/reinforcing intellectual capital outcomes within subsidized industry–university partnerships. The bright side allows evaluating the cost-benefit of this government intervention and the returns to priority industries. The dark side allows for understanding the need for implementing mechanisms to control opportunistic behaviours within subsidized partnerships. Accordingly, policymakers should understand the IC opportunity-costs related to industry–university partnerships for achieving the subsidies' aims.

Originality/value

This study contributes to three ongoing academic debates in innovation and management fields. The first debate about how intellectual capital dynamic is stimulated and transferred through the collaborative behaviour within industry–university partnerships in emerging economies. The second debate is about the “dark side” of partnerships stimulated by public programmes in emerging economies. The third debate is about the effectiveness of subsidies on intellectual capital activities/outcomes.

Details

Journal of Intellectual Capital, vol. 22 no. 6
Type: Research Article
ISSN: 1469-1930

Keywords

Article
Publication date: 1 March 2022

Emmanuel Yaw Frempong-Jnr, Simon Ofori Ametepey and John Edward Cobbina

The construction industry’s contribution to environmental deterioration is widely established in the literature, implying that addressing this issue will require a coordinated…

Abstract

Purpose

The construction industry’s contribution to environmental deterioration is widely established in the literature, implying that addressing this issue will require a coordinated effort from all stakeholders. According to literature, stakeholder involvement without stakeholder management (SKM) is not enough, in ensuring efficient construction waste management (CWM). This study investigates the impact of SKM on efficient CWM by aggregating all relevant SKM variables and measuring their degree of influence on efficient CWM.

Design/methodology/approach

This study used a four-stage research approach that included a literature review, a pilot study, a questionnaire survey and statistical analysis. After a thorough examination of the literature, nine essential SKM factors were identified and tested by a questionnaire survey following a pilot study. A total of 310 questionnaires were filled out and returned for analysis (exploratory and confirmatory factor analysis).

Findings

The study established that SKM is a unidimensional construct since all the variables extracted unto one underlying component with total variance explained (TVE), accounting for 58.938% of the total Variance in the measure of SKM in efficient CWM. Additionally, the reliability and validity test results satisfied the recommended thresholds, thus justifying the factorability of the construct. Furthermore, the hypothesis test revealed that SKM has a statistically significant impact on efficient CWM, implying that increasing SKM will have a beneficial impact on efficient CWM.

Research limitations/implications

The study is limited to material waste management in the construction industry and the outcome was determined solely by a field survey in Ghana. Extending the study to other jurisdictions would have improved its findings and made them easier to generalise.

Practical implications

The study’s findings are helpful for practitioners and researchers, especially regarding the influence of the eight SKM variables on efficient CWM.

Social implications

The study’s findings will reduce pollution, thus enhancing public health and encouraging social inclusion through the creation of jobs in the waste management chain.

Originality/value

The uniqueness of this study is anchored on the fact that no CWM study has considered all the eight SKM variables measured in this study at the same time. Also, this study has contributed to the literature by establishing the determinants of SKM in efficient CWM in Ghana.

Details

Smart and Sustainable Built Environment, vol. 12 no. 3
Type: Research Article
ISSN: 2046-6099

Keywords

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