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Article
Publication date: 28 November 2019

Serdar Ulubeyli and Dilek Yorulmaz

The purpose of this paper is to report the possible impact of intellectual capital (IC) on firm reputation (FR) and investigates if there is a relationship between FR and market…

Abstract

Purpose

The purpose of this paper is to report the possible impact of intellectual capital (IC) on firm reputation (FR) and investigates if there is a relationship between FR and market internationalization (MI).

Design/methodology/approach

The data were collected from engineering consultancy firms (ECFs) in Turkey. The study employed structural equation modeling to examine the hypothesized relationships between IC, FR, and MI of ECFs.

Findings

ECFs with strong human and structural capital can have a good FR. However, healthy relational capital may not lead to the same effect on FR. On the contrary, FR can create high-quality relational capital for ECFs. Lastly, a good FR, based on robust human and structural capital, can provide the success of ECFs’ MI process.

Research limitations/implications

This model may be analyzed for other knowledge-intensive business services. Also, subsequent researches may investigate potential variations in results about other sectors and geographical areas. Moreover, various constructs may be included in the model. However, a greater number of samples could lead to distinctive outcomes.

Practical implications

The research may be a general guide for related professionals and their companies to build long-term strategies, given IC, FR and MI. In this respect, they should take into account human and structural capital for MI.

Social implications

ECFs that can be active in the international arena may maintain their services by financial sustainability. Thus, the advantage may result in a prosperous society.

Originality/value

The study is first to suggest a model joining IC and FR for the MI process of ECFs. This is suitable for competition of ECFs that are willing to be sustainable firms.

Details

Journal of Intellectual Capital, vol. 21 no. 1
Type: Research Article
ISSN: 1469-1930

Keywords

Article
Publication date: 26 December 2023

Oguzhan Kazanci, Serdar Ulubeyli and Emrah Dogan

This study aims to present the financial performance of companies and investment areas in the real estate investment trust (REIT) industry.

Abstract

Purpose

This study aims to present the financial performance of companies and investment areas in the real estate investment trust (REIT) industry.

Design/methodology/approach

A fuzzy model for financial performance measurement (FM-FPM) was proposed through the collaboration of fuzzy axiomatic design (FAD) and fuzzy entropy weighting (FEW). For the data, financial ratios were used, and their importance and functional requirements were collected via a questionnaire survey.

Findings

The FM-FPM is a beneficial model to be used for a REIT industry based on the structured procedures of FAD and FEW techniques. It can be suitable to regularly evaluate the performance of REITs and their investment areas in financial means, especially in today’s turbulent business environment. The Turkish market that was considered to show the practical applicability of the FM-FPM demonstrated specifically that diversified real estate was found to rank first, followed by mixed-buildings, warehouses, shopping malls and hotels, respectively.

Research limitations/implications

The FM-FPM can be employed for REIT industries in other countries and adapted to different industries. However, more respondents or a different set of criteria might lead to different outputs.

Practical implications

The FM-FPM may guide REIT managers and investors while making their decisions and controlling the performance of REITs and investment areas.

Social implications

The FM-FPM may encourage low- and middle-income investors to make good use of their savings.

Originality/value

The research is first (1) to offer a FPM model in order to determine investable areas in a REIT industry and (2) to employ multiple criteria decision-making tools in order to measure the financial performance of individual companies and investment areas in a REIT industry.

Details

Engineering, Construction and Architectural Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0969-9988

Keywords

Article
Publication date: 16 August 2018

Serdar Ulubeyli, Aynur Kazaz and Selim Sahin

This paper aims to present the effect of innovation on implementing competitive strategies (CSs) and to find their relationships on the survival of construction-related small- and…

Abstract

Purpose

This paper aims to present the effect of innovation on implementing competitive strategies (CSs) and to find their relationships on the survival of construction-related small- and medium-sized enterprises (SMEs) in macroeconomic crises.

Design/methodology/approach

Data were compiled from construction SMEs in Turkey. The research used structural equation modeling to investigate the relationships between innovation, CSs and firm survival (FS).

Findings

Innovative construction SMEs may implement differentiation and focus strategies and survive without CSs, whereas innovation may be obtained through cost leadership strategy. Also, differentiation and focus strategies may play a role to survive. However, the cost leadership strategy may be implemented after survival. Finally, differentiation strategy may be triggered by innovation and focus strategies.

Research limitations/implications

The model may be applied on other construction organizations. Future studies may also examine the difference in findings concerning other industries and regions. Moreover, different factors may be added to the model. However, a larger group of samples could cause different results.

Practical implications

This study may be a roadmap for practitioners to plan their firms’ strategies, considering innovation, CSs and FS. In this context, they may pay attention to innovative production processes to survive.

Social implications

Survived SMEs may sustain their works through the prevention of crisis-based unemployment. Hence, this benefit may bring a wealthier society.

Originality/value

This research is first to propose a model connecting innovation and CSs for SMEs’ survival in macroeconomic crises. This is convenient for rivalry of SMEs planning to be long-lasting enterprises.

Details

Journal of Engineering, Design and Technology, vol. 16 no. 4
Type: Research Article
ISSN: 1726-0531

Keywords

Article
Publication date: 23 August 2013

Serdar Ulubeyli

This paper aims to reveal the impact of five industry forces (IFs) on implementing input‐based competitive strategies (CSs) and to determine relationship of these CSs on cement…

2905

Abstract

Purpose

This paper aims to reveal the impact of five industry forces (IFs) on implementing input‐based competitive strategies (CSs) and to determine relationship of these CSs on cement plants' environmental performances (EPs).

Design/methodology/approach

Data were collected from cement manufacturers in Turkey. This study employed structural equation methodology to examine relationships between IFs, CSs, and EP.

Findings

Cement plants with the advantage of low buyer bargaining power, low threat of new entrants, and few rivalries exhibit strong energy and raw material strategies. Also, an advantage of low supplier bargaining power and low threat of substitutes causes competitive raw material strategy. Finally, competitive energy and raw material strategies enhance EP, while competitive human resource strategy has no influence on it.

Research limitations/implications

The model should be tested on other organizations in supply chain. Future researches can also investigate the difference of findings to other industries and in other countries and examine reasons behind hypothesized relationships. Moreover, additional factors may be incorporated into the model. However, a larger participation could provide a different perspective of issues in consideration.

Practical implications

This paper can serve as a valuable framework for top managers to draw the direction of their companies in terms of IFs, CSs, and EP. In this context, practitioners should focus on production inputs to withstand external environment and to experience better EP practices.

Social implications

A better EP can both enhance sustainability of the overall environment and affect society positively. For such benefits, sustainability of EP should be a subsequent step to be taken to possess long‐lasting societal advantages.

Originality/value

This study is first to propose a model that integrates competitive IFs and input‐based approaches to measure cement plants' EPs. These are relevant issues for competitiveness of cement manufacturers willing to increase their EPs.

Details

Industrial Management & Data Systems, vol. 113 no. 8
Type: Research Article
ISSN: 0263-5577

Keywords

Article
Publication date: 30 March 2022

Serdar Durdyev, Kerim Koc, Ferhat Karaca and Asli Pelin Gurgun

Reportedly, green roof (GR) makes a significant contribution towards a truly sustainable-built environment; however, its implementation is yet to hit a sufficient level in…

Abstract

Purpose

Reportedly, green roof (GR) makes a significant contribution towards a truly sustainable-built environment; however, its implementation is yet to hit a sufficient level in developing countries. Thus, this study assesses GR implementation strategies in developing countries by providing a comparative analysis through experts in Kazakhstan, Malaysia and Turkey.

Design/methodology/approach

The study adopts a four-step methodological approach to achieve the research aim: literature review, focus group discussion, fuzzy analytical hierarchy process (FAHP) analysis and correlation analyses. First, a literature review followed by a focus group discussion is used to determine 18 (out of 25 initially) strategies for the selected context and these are classified into three categories: governmental and institutional support, knowledge and information and policy and regulation. Afterward, the identified GR strategies are evaluated using the FAHP with the data gathered from the experts in the countries studied. Finally, correlation analyses were used to observe the strength of agreement between the assessments of experts from the included countries.

Findings

The findings indicate that financial incentives, low-cost government loans and subsidies and tax rebates are the essential strategies for the wider adoption of GR. Evaluating the policy and regulations strategies also showed that mandatory GR policies and regulations and better enforcement of the developed GR policies are ranked as the most prominent strategies. The findings show a low level of agreement among respondents from Kazakhstan, while there is a high level of agreement between the experts in Malaysia and Turkey.

Research limitations/implications

The research contribution is twofold. First (research implication), the study identifies the strategies through a complete literature review. Second, the identified strategies are evaluated through the lenses of experts in three developing countries which are hoped to provide (practical contribution) a better understanding of the most effective strategies that require attention and enable the frontline stakeholders (particularly government authorities) to focus on them.

Originality/value

The study findings provide a good point of departure to explore the strategies for broader adoption of GRs in developing economic setting.

Details

Engineering, Construction and Architectural Management, vol. 30 no. 6
Type: Research Article
ISSN: 0969-9988

Keywords

Article
Publication date: 8 August 2016

Serdar Durdyev and Syuhaida Ismail

The purpose of this paper is to examine the factors constraining the on-site construction productivity and measures for its improvement in Malaysian construction industry.

2057

Abstract

Purpose

The purpose of this paper is to examine the factors constraining the on-site construction productivity and measures for its improvement in Malaysian construction industry.

Design/methodology/approach

Questionnaire survey is administered to 171 respondents, comprising government authorities and construction players. A total of 39 constraints are found to be significant factors in various risk levels.

Findings

Consequently, improvement measures are recommended addressing those constraints to on-site construction productivity. It is believed that the findings of this study will assist in achieving high level of on-site construction productivity by focusing and acting upon the most risky constraints, where construction players in Malaysia could be guided well in their efforts in a time-, cost- and quality-effective manner.

Originality/value

It is believed that the findings of this study will assist in achieving high level of on-site construction productivity by focusing and acting upon the most risky constraints, where construction players in Malaysia could be guided well in their efforts in a time-, cost- and quality-effective manner.

Details

Structural Survey, vol. 34 no. 4/5
Type: Research Article
ISSN: 0263-080X

Keywords

Article
Publication date: 23 May 2019

Serdar Durdyev and M. Reza Hosseini

The purpose of this paper is to present a systematic review of studies on CPD published between 1985 and 2018.

5264

Abstract

Purpose

The purpose of this paper is to present a systematic review of studies on CPD published between 1985 and 2018.

Design/methodology/approach

Before identifying common CPD, research trends were examined in terms of the number of publications in selected journals, as well as the contributions made by countries, institutions and researchers.

Findings

The findings reveal that researchers from developing countries have contributed the most to identifying the causes of CPD. A total of 149 causes of CPD were identified in a thorough review of 97 selected studies. Weather/climate conditions, poor communication, lack of coordination and conflicts between stakeholders, ineffective or improper planning, material shortages, financial problems, payment delays, equipment/plant shortage, lack of experience/qualification/competence among project stakeholders, labour shortages and poor site management were identified as the ten most common CPDs.

Originality/value

Being the first study of its type, this study provides insight into the research output related to this area and identifies a common set of CPDs, which may provide a better understanding of the key areas requiring attention where steps should be taken to minimise or control factors causing delays in construction projects.

Details

International Journal of Managing Projects in Business, vol. 13 no. 1
Type: Research Article
ISSN: 1753-8378

Keywords

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