The Current Conditions of CSR Implementation in Construction Industry: A Lesson From Taiwan

Huang, Charles Q.

doi:10.15666/aeer/1502_067080

Cited by 18 publications

(10 citation statements)

References 20 publications

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“…Engagement in CSR activities enables multinational firms to strengthen their relationships with stakeholders [98]. Thus, corporate managers should pay attention to stakeholder-oriented CSR efforts and give importance to the balance between internal and external stakeholders [99].…”

Section: Managerial Implicationsmentioning

confidence: 99%

Moderating Effects of Internationalization between Corporate Social Responsibility and Financial Performance: The Case of Construction Firms

Sang

Zhang

et al. 2022

Buildings

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The relationship between corporate social responsibility (CSR) and corporate financial performance (CFP) has been crucial in academia and business circles. Numerous construction firms have continued to internationalize construction business over time despite the influence of the COVID-19. The internationalization of construction business makes the CSR–CFP relationship more complicated than usual. Construction firms’ CSR fulfillment serves to engage in reliable relationships with stakeholders and consequently improve CFP. It can bring both benefits and costs to the firm, which suggests that the CSR–CFP relationship is non-linear. This study examines the impacts of CSR on the financial performance of construction firms. We took Chinese-listed construction companies as an example, and an inverted U-shaped curve relationship between CSR and CFP was eventually revealed. Further, the significant moderating role of the degree of corporate internationalization (DOI) in the CSR–CFP relationship is disclosed. The results show that matching a high DOI-high CSR and a low DOI-low CSR is more conducive to CFP promotion. Thus, this research makes contributions to the academic perception of the impacts of CSR and DOI on CFP and provides insights for CSR fulfillment in the international arena.

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Section: Managerial Implicationsmentioning

confidence: 99%

Moderating Effects of Internationalization between Corporate Social Responsibility and Financial Performance: The Case of Construction Firms

Sang

Zhang

et al. 2022

Buildings

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“…Managers can draw CSR lessons from other firms and then enhance the CSR ability of their firm. Firms can also cooperate with education institutions in recruiting talented people to improve corporate image and innovation ability, such as offering internship, scholarship, study–work opportunity and academia–industry partnership (Huang et al , 2017). Furthermore, it is important for firms to learn and develop advanced technologies, such as Building Information Modeling and augmented reality (Loosemore and Lim, 2018).…”

Section: Literature Review and Hypotheses Developmentmentioning

confidence: 99%

“…There should be communication channels for employees to express their complaints and opinions. Firms also need to pay more attention to professional ethics and behaviors of employees, and regularly organize educational activities about health and safety (Huang et al , 2017).…”

Section: Theoretical and Practical Implicationsmentioning

confidence: 99%

“…al., By adopting CSR practices, construction firms can achieve CSR information from local, domestic and international markets; increase CSR-related skills of employees through training and education, inter-organizational knowledge sharing and vision sharing; and engage in development and research to make construction services and products better than those of others(Huang et al, 2017). Training and education are conceptualized by the items fromWu et al (2015) andHuang et al (2017). Thus, this study proposes the following hypotheses: Government support.…”

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confidence: 99%

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Barriers to corporate social responsibility practices in construction and roles of education and government support

Pham

Dang

2021

ECAM

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PurposeThis study aims to empirically investigate the impact of barriers (i.e. organizational and industrial barriers, corporate social responsibility (CSR) characteristics) on CSR practices and the roles of education and government support in mitigating these barriers. In addition, the positive effect of CSR practices on social sustainability performance (SSP) is examined.Design/methodology/approachA framework of hypotheses between barriers, CSR practices and SSP is established. Using a survey questionnaire, empirical data are collected from 17 construction firms in Vietnam. PLS-SEM is used to test the proposed hypotheses.FindingsThe results indicate that organizational and industrial barriers negatively affect CSR practices. This study also finds that education and training and government support could enable construction firms to reduce the impact of such barriers.Research limitations/implicationsThe data are collected in Vietnam; thereby the findings are only applicable in developing countries. Further research should also be conducted in other countries to improve the generalizability of the theoretical framework.Practical implicationsThe findings of this study suggest that construction firms could apply several strategies (e.g. providing their employees with CSR training and education; embedding CSR into their firm policy, mission and vision) to mitigate the impact of CSR barriers and, accordingly, ensure the success of adopting CSR practices.Originality/valueThis study is one of the first efforts in the construction industry that empirically investigates the impact of barriers on CSR practices and the moderating effects of training and education as well as government support.

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“…The main barriers that effect the implementation of SR are: (i) a lack of SR awareness and knowledge; and (ii) a lack of consensus on how SR is defined and the principles that might be contained in SR [86,87]. The construction industry lags behind the service and manufacturing industries, especially in terms of the awareness and implementation of SR [88]. Additional important barriers include a lack of time, funding, human resources, delayed benefits of implementing SR and poor support from top management [75].…”

Section: Social Responsibility Within the Construction Industrymentioning

confidence: 99%

Critical Barriers to Social Responsibility Implementation within Mega-Construction Projects: The Case of the Kingdom of Saudi Arabia

2019

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Even though social responsibility (SR) has been widely discussed as a business concept, it is still not being effectively implemented within mega-construction projects due to a range of barriers. Overcoming these barriers requires detailed information, however, there is a lack of research on the barriers to SR implementation within mega-construction projects, particularly in developing countries like the Kingdom of Saudi Arabia (KSA). This study thus aims to investigate the critical barriers to SR implementation with reference to mega-construction projects in the KSA. Eleven barriers were identified from a comprehensive literature review and interviews with experts. These barriers were examined in more detail using a questionnaire survey on two current mega-construction projects in the KSA. There were no differences in the ranking of barriers between the two projects with the 136 respondents identifying the top seven SR barriers as being: (i) additional costs; (ii) lack of awareness and knowledge; (iii) lack of guidelines and coherent strategy; (iv) lack of stakeholder communication; (v) lack of law enforcement; (vi) lack of training; and (vii) unclear project requirements. The findings of this study not only contribute to deeper understanding of the critical SR implementation barriers, but could also encourage industry practitioners and stakeholders to improve SR activities for more effective SR implementation. Moreover, identification and ranking of the critical barriers allows decision-makers to prioritize and develop effective strategies to tackle them at both project and sector scale. Future studies should investigate the interrelationship between the critical barriers and their impact on SR implementation

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The Current Conditions of CSR Implementation in Construction Industry: A Lesson From Taiwan

Cited by 18 publications

References 20 publications

Moderating Effects of Internationalization between Corporate Social Responsibility and Financial Performance: The Case of Construction Firms

Moderating Effects of Internationalization between Corporate Social Responsibility and Financial Performance: The Case of Construction Firms

Barriers to corporate social responsibility practices in construction and roles of education and government support

Critical Barriers to Social Responsibility Implementation within Mega-Construction Projects: The Case of the Kingdom of Saudi Arabia

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