Duong, T B A; Pham, T; Truong, Q H; Nguyen, K; Pham, C H; Hoang, T H and Pham, T H (2023) Risk in sustainable construction supply chains: Construct development and measurement validation. Construction Management and Economics, 41(8), pp. 634-650. ISSN 01446193
Abstract
Although previous studies have focused on different aspects of green/sustainability risk in construction supply chains (SCs) such as identification of risks or the linkage between characteristics of stakeholders and risk assessment, research on this topic is still quite limited. One important reason for this limitation is the absence of valid and reliable measurement of risk, resulting in the impossibility to discriminate between risk constructs. Therefore, the current study is performed to develop and then validate a measurement scale of risk in sustainable construction SCs. The data are collected from a large-scale survey supported by the Japanese government to promote sustainable socioeconomic development for the ASEAN (Association of Southeast Asian Nations) region, with the participation of 283 firms in Vietnam. Exploratory factor analysis (EFA) and confirmatory factor analysis (CFA) are used to test the reliability, convergent validity, and discriminant validity of the risk constructs. The results indicate that all tests strongly support the measurement scale, and seven reliable risk constructs are identified including supply, demand, internal processes, information, financial, time, and environmental risks. This study also presents opportunities for further developing research on risk management (especially the three phases: risk assessment, risk mitigation, and risk monitoring) in sustainable construction SCs.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | measurement scale; risk; scale development; supply chains; sustainable construction |
| Index terms: | validity, linkage, scale development, risk management, construction supply chain, risk assessment, monitoring, sustainable construction, exploratory factor analysis, Vietnam, confirmatory factor analysis, survey, validation, environmental risk, risk mitigation |
| Subjects: | business, risk assessment, evaluation and assessment methods, data collection methods, control systems, construction logistics, measurement and scaling, statistical analysis, sustainable construction, financial risk, professional development, Geography |
| Topics: | Supply Chain Management, Site Management, Research Practice, Geographical Context, Information Management, Cost Management, Business Strategy, Sustainability, Risk Management |
| Descriptive scope: | 4 PCEA |
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