The changing nature of UK construction professional service firms

Connaughton, J and Meikle, J (2013) The changing nature of UK construction professional service firms. Building Research & Information, 41(1), pp. 95-109. ISSN 0961-3218

Abstract

Professional services firms (PSFs) have been the subject of much attention in the literature in recent years, ranging across a number of distinct but related disciplines including economics, sociology, organization and management studies. Analysis has tended to concentrate on law and accounting firms in particular, and although there is a growing academic interest in construction/built environment professional services firms (CPSFs), these have received much less scrutiny. However, many of the changes taking place among PSFs-in particular, growth in firm size, moves towards external ownership and greater service/geographical diversification-are also taking place among the larger CPSFs. The CPSF sector is not especially well documented and there is little understanding of the motives for, and implications of, these changes in the firms, their clients and wider society. CPSFs are reviewed in the context of the more general PSF literature and a set of questions is posed for future research on CPSFs. These questions include the need to understand the implications of firm type on performance, the form of ownership that might confer the greatest financial benefits for different stakeholder groups, and the wider societal consequences of continuing growth in size and diversification of CPSFs.

Item Type: Article
Uncontrolled Keywords: construction economic data; construction professional service firms; professional services; professionalism; services
Index terms: construction economics, diversification, construction professional, professional service, ownership, built environment, professionalism, accounting, society, motive, sociology
Subjects: organization, economic analysis, psychology, professional development, social theory, economics, financial analysis, infrastructure and transport systems, communities and social development, market analysis
Topics: Urban Studies, Human Resources, Organizational Design, Cost Management, Business Strategy, Research Practice, Information Management, Stakeholder Management
Descriptive scope: 3 PCT

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