Cuervo, J C and Pheng, L S (2005) Significance of internalization factors for Singapore transnational construction corporations. Construction Management and Economics, 23(2), pp. 147-162. ISSN 01446193
Abstract
Singapore Transnational Construction Corporations (STCCs) are engaged in foreign value-added construction-related activities in foreign markets. A survey was undertaken to assess the significant factors that serve as reasons for STCCs to benefit from their internalization advantages. The protection of the reputation of the firm and the quality of service to clients were the two related and more important reasons for internalization. STCCs with greater international presence also stressed on avoiding the costs of broken contracts and ensuing litigations as an incentive for internalization. Regardless of the size, years of international experience, or whether specialized or diversified, STCCs viewed the ranking order of seventeen internalization factors to be significantly the same. Besides controlling costs, managers of STCCs will do well by guaranteeing the quality of works to foreign clients to maintain and enhance further the reputation of the firm and contribute positively to the Singapore brand name.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | internalization factors; international construction; Singapore transnational construction corporations |
| Index terms: | litigation, Singapore, quality of service, markets, international construction, presence, survey, brand name, manager |
| Subjects: | Geography, public and environmental health, economic analysis, environmental science, dispute resolution, practitioner, business, strategic management, data collection methods |
| Topics: | International Construction, Legal Issues, Sustainability, Roles and Professions, Geographical Context, Research Practice, Health and Safety, Business Strategy |
| Descriptive scope: | 3 PCE |
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