TY - GEN
T1 - An exploratory study of a CSV concept for achieving firm competitiveness in Hong Kong construction firms
AU - Awale, Raman
AU - Rowlinson, Steve
PY - 2015
Y1 - 2015
N2 - The Hong Kong construction industry has both contributed to and benefited from the growth and development of the last decades. However, social and environmental challenges, particularly health and safety issues, manpower shortage, construction waste and landfill problems, pose significant constraints to the continued growth of the firms. Recent studies suggest that construction firms can embrace a 'Creating Shared Value' (CSV) concept to convert these issues into business opportunities and achieve long-term competitiveness. Despite this recognition, effort has not been made to investigate the CSV concept in construction management. Hence, this study aims to explore the CSV concept in the Hong Kong construction industry, and establish a link between the CSV concept and firm competitiveness using strategic management theory. This research employs multi-method approach, encompassing documents review and semi-structured interviews, adhering to the principles of building theory from the case study research and the grounded theory. Data are analysed qualitatively. The results show that construction practitioners have mixed attitudes toward the CSV concept and firm competitiveness. Various potential strategies that are in line with the CSV concept including the potential barriers in its implementation process are also identified.
AB - The Hong Kong construction industry has both contributed to and benefited from the growth and development of the last decades. However, social and environmental challenges, particularly health and safety issues, manpower shortage, construction waste and landfill problems, pose significant constraints to the continued growth of the firms. Recent studies suggest that construction firms can embrace a 'Creating Shared Value' (CSV) concept to convert these issues into business opportunities and achieve long-term competitiveness. Despite this recognition, effort has not been made to investigate the CSV concept in construction management. Hence, this study aims to explore the CSV concept in the Hong Kong construction industry, and establish a link between the CSV concept and firm competitiveness using strategic management theory. This research employs multi-method approach, encompassing documents review and semi-structured interviews, adhering to the principles of building theory from the case study research and the grounded theory. Data are analysed qualitatively. The results show that construction practitioners have mixed attitudes toward the CSV concept and firm competitiveness. Various potential strategies that are in line with the CSV concept including the potential barriers in its implementation process are also identified.
UR - http://www.scopus.com/inward/record.url?scp=84985931224&partnerID=8YFLogxK
UR - https://www.arcom.ac.uk/conf-archive-indexed.php
M3 - Conference contribution
AN - SCOPUS:84985931224
VL - 2
T3 - Proceedings of the 31st Annual Association of Researchers in Construction Management Conference, ARCOM 2015
SP - 947
EP - 956
BT - Proceedings of the 31st Annual Association of Researchers in Construction Management Conference, ARCOM 2015
A2 - Raiden, Ani
A2 - Aboagye-Nimo, Emmanuel
PB - Association of Researchers in Construction Management
CY - Reading
T2 - 31st Annual Association of Researchers in Construction Management Conference, ARCOM 2015
Y2 - 7 September 2015 through 9 September 2015
ER -