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Cho, Y, Kabassi, K, Pyeon, J, Choi, K, Wang, C and Norton, T (2013) Effectiveness Study of Methods for Removing Temporary Pavement Markings in Roadway Construction Zones. Journal of Construction Engineering and Management, 139(03), 257–66.

Comu, S, Iorio, J, Taylor, J E and Dossick, C S (2013) Quantifying the Impact of Facilitation on Transactive Memory System Formation in Global Virtual Project Networks. Journal of Construction Engineering and Management, 139(03), 294–303.

Doan, P and Menyah, K (2013) Impact of Irreversibility and Uncertainty on the Timing of Infrastructure Projects. Journal of Construction Engineering and Management, 139(03), 331–8.

Doloi, H (2013) Cost Overruns and Failure in Project Management: Understanding the Roles of Key Stakeholders in Construction Projects. Journal of Construction Engineering and Management, 139(03), 267–79.

Kim, B, Lee, H, Park, H and Kim, H (2013) Estimation of Greenhouse Gas Emissions from Land-Use Changes due to Road Construction in the Republic of Korea. Journal of Construction Engineering and Management, 139(03), 339–46.

Li, F, Phoon, K K, Du, X and Zhang, M (2013) Improved AHP Method and Its Application in Risk Identification. Journal of Construction Engineering and Management, 139(03), 312–20.

Lin, Y and Ho, S P (2013) Impacts of Governance Structure Strategies on the Performance of Construction Joint Ventures. Journal of Construction Engineering and Management, 139(03), 304–11.

  • Type: Journal Article
  • Keywords: Organizations; Joint ventures; Construction industry; Strategy; Organization; Joint ventures; Governance structure; Jointly managed JVs (JMJs); Separately managed JVs (SMJs);
  • ISBN/ISSN: 0733-9364
  • URL: https://doi.org/10.1061/(ASCE)CO.1943-7862.0000619
  • Abstract:
    In the construction industry, construction joint ventures (CJVs) have become one of the major organizational forms utilized in large-scale projects. However, because of the complexity of CJVs, the management of CJVs is much more difficult than that of usual projects undertaken by a single construction firm. Ineffective management and cooperation in JVs usually lead to poor performance. This study aims to investigate the performance impacts of governance structure strategies. In particular, this paper addresses two issues by empirically examining (1) the relationships between governance structure fit and CJV performance, and (2) whether jointly managed JVs (JMJs) and separately managed JVs (SMJs) perform equally well while holding the same level of governance structure fit. First, it is confirmed that governance structure fit has significant positive impacts on CJV performance. Second, it is found that JMJs perform slightly better than SMJs, all else being equal. Strategy implications based on the empirical results are also proposed and discussed in this paper. This paper contributes to the construction management literature by providing empirical evidence on the importance of governance structure fit and on the relative performance impacts of JMJs and SMJs. The results may also help practitioners by providing the guidance for organizational governance choices in CJVs.

Love, P E D, Wang, X, Sing, C and Tiong, R L K (2013) Determining the Probability of Project Cost Overruns. Journal of Construction Engineering and Management, 139(03), 321–30.

Lu, W, Liu, A M M, Rowlinson, S and Poon, S W (2013) Sharpening Competitive Edge through Procurement Innovation: Perspectives from Chinese International Construction Companies. Journal of Construction Engineering and Management, 139(03), 347–51.

Zhang, P and Ng, F F (2013) Explaining Knowledge-Sharing Intention in Construction Teams in Hong Kong. Journal of Construction Engineering and Management, 139(03), 280–93.