Journal of Construction Engineering and Management, 2017
Cooperation between subcontractor and general contractor provides the foundation for the successf... more Cooperation between subcontractor and general contractor provides the foundation for the successful delivery of every construction project. As one of the most important factors influencing subcontractor behavioral intentions, the perceived justice from previous collaborative experience affects the willingness of a subcontractor to cooperate with a general contractor in the future. In this paper, a model is built based on social exchange theory to examine the relationship between justice perception, relationship value and subcontractor willingness to cooperate (WTC). Analysis of data from 122 subcontractors demonstrates that distributive justice and interactional justice positively affect WTC, and relationship value from the general contractor partially mediates such effects. However, procedural justice does not significantly affect WTC. The study provides a new perspective for examining the internal mechanisms between subcontractor justice perception and WTC. The findings will also help general contractors understand how their
External risk management encompasses many areas such as finance, politics and national cultures, ... more External risk management encompasses many areas such as finance, politics and national cultures, and there are many literatures that focus significantly on risk management in each area. Managing external risks are not unlike managing project risks and the same principles that are applied to project risk management may well be used to manage external risks. However, although external risk management is a critical success factor for many construction firms who have ventured out of their home countries, like project risks, this is often neglected by construction firms and construction firms generally either do not have sufficient knowledge pertinent to external risk management, or tend to overlook the effects that a lack of external risk management may have on their businesses. The objective of this study is to examine how construction firms attempt to manage external risks during the period that they venture into host countries. The study anchors on the external risk management practices of Chinese contractors that have ventured out of Mainland China into Singapore. A survey was conducted of all Chinese contractors in Singapore to gain a better insight into the external risk management practices which a typical Chinese contractor implements. From these, areas that may be improved in the current external risk management system will also be discussed to gain a learning experience from what is currently being practised in the industry.
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Papers by Junying Liu