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Andersen, L P S and Grytnes, R (2021) Different ways of perceiving risk and safety on construction sites and implications for safety cooperation. Construction Management and Economics, 39(05), 419–31.

Christie, L, Donn, M and Walton, D (2011) The ‘apparent disconnect’ towards the adoption of energy-efficient technologies. Building Research & Information, 39(05), 450–8.

du Plessis, C and Cole, R J (2011) Motivating change: shifting the paradigm. Building Research & Information, 39(05), 436–49.

Duong, L N K, Wang, J X, Wood, L C, Reiners, T and Koushan, M (2021) The value of incremental environmental sustainability innovation in the construction industry: an event study. Construction Management and Economics, 39(05), 398–418.

  • Type: Journal Article
  • Keywords: Sustainability; innovation; construction industry; stock market; event-study;
  • ISBN/ISSN: 0144-6193
  • URL: https://doi.org/10.1080/01446193.2021.1901950
  • Abstract:
    Investment in the innovation of environmental sustainability in construction has been encouraged due to the industry's resource-intensity. However, it remains unclear how to convince shareholders and construction companies to invest in environmental innovations. This research used the event study method with a sample of 129 announcements in the construction industry from 2011 to 2017 to investigate the relationship between incremental environmental sustainability innovation and the stock market reactions of construction firms. The research finds evidence that the stock market reaction has a strong positive relationship with these announcements. There is also evidence for a relationship between strategic alliance, capital turnover, and the project start date with the stock market reaction. The results provide insight into the benefits of incremental innovations in the construction industry and extend the literature of environmental sustainability innovation by considering contributing factors that affect the relationship between environmental sustainability innovation and firm performance. They provide a useful reference for shareholders to integrate environmental sustainability innovation into their business strategies and allocate their resources more efficiently.

Klitgaard, A, Gottlieb, S C and Svidt, K (2021) The researcher as audience and storyteller: challenges and opportunities of impression management in ethnographic studies. Construction Management and Economics, 39(05), 383–97.

Lützkendorf, T, Fan, W and Lorenz, D (2011) Engaging financial stakeholders: opportunities for a sustainable built environment. Building Research & Information, 39(05), 483–503.

Nicol, L A (2011) The role of institutional regimes in motivating change for sustainable housing. Building Research & Information, 39(05), 459–72.

Nwajei, U O K (2021) How relational contract theory influence management strategies and project outcomes: a systematic literature review. Construction Management and Economics, 39(05), 432–57.

Rodríguez-Labajos, L, Thomson, C S and O’Brien, G (2021) Applying constructivist grounded theory in co-production research: a case study exploring its potential and lessons for construction management research. Construction Management and Economics, 39(05), 369–82.

Whyte, J and Sexton, M (2011) Motivations for innovation in the built environment: new directions for research. Building Research & Information, 39(05), 473–82.