Azman, Mohd Azrai (2020) Diversification, institutions, and productivity performance of large construction firms in Malaysia. PhD thesis, Queensland University of Technology, Australia.
Abstract
This research investigated the relationships between diversification strategies and productivity of large construction firms in Malaysia. The Generalised Method of Moments was adopted for modelling the impact of diversification strategies on productivity. The research revealed that product and market diversifications affect long-term productivity by altering firm efficiency in managing resource allocation. However, the effectiveness of diversification strategies depends on the changes in formal institutional dimensions and informal context of ownership concentration. The research findings will help construction firms to take into account the effects of institutional contexts when formulating their optimal diversification strategies for better firm productivity.
| Item Type: | Thesis (Doctoral) |
|---|---|
| Thesis advisor: | Hon, Carol; Lee, Boon; Skitmore, Martin and Xia, Bo |
| Uncontrolled Keywords: | construction firms; institutions; market diversification; ownership concentration; product diversification; profitability; related diversification; scale-mix efficiency; total factor productivity; unrelated diversification |
| Index terms: | productivity, modelling, diversification, ownership, strategy, profitability, Malaysia, efficiency, resource allocation, effectiveness, construction firm, dimension, total factor productivity |
| Subjects: | resource management, performance management, production economics, management, analytical methods, Geography, economics, organization, health monitoring assessment and metrics, economic analysis, market analysis |
| Topics: | Research Practice, Health and Safety, Quality Management, Engineering Principles, Site Management, Geographical Context, Business Strategy, Organizational Design |
| Descriptive scope: | 3 PCA |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here