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Factors on Trust between Owners and Contractors of Construction Projects in China
The adversarial relationship among construction project teams leads to inefficiencies of construction project execution in China. Therefore, trust has become a hot topic, both in practical and academic circles. Aiming at the trust between owners and contractors - based on literature review and field interviews - twenty-four factors are captured and classified into four aspects:(1) organizational; (2) relational; (3) performance; and (4) institutional. A questionnaire is conducted to collect data on these factors from owners. From data analysis, eight factors that are important to the trust between owners and contractors are drawn:(1)interaction history; (2) contract and institution; (3) information sharing and communication; (4) relation-specific investment; (5) competence; (6) reputation; (7) promise keeping; and (8) opportunism. The results will be helpful to further research in evolution and evaluation of trust in construction projects in China.
Factors on Trust between Owners and Contractors of Construction Projects in China
The adversarial relationship among construction project teams leads to inefficiencies of construction project execution in China. Therefore, trust has become a hot topic, both in practical and academic circles. Aiming at the trust between owners and contractors - based on literature review and field interviews - twenty-four factors are captured and classified into four aspects:(1) organizational; (2) relational; (3) performance; and (4) institutional. A questionnaire is conducted to collect data on these factors from owners. From data analysis, eight factors that are important to the trust between owners and contractors are drawn:(1)interaction history; (2) contract and institution; (3) information sharing and communication; (4) relation-specific investment; (5) competence; (6) reputation; (7) promise keeping; and (8) opportunism. The results will be helpful to further research in evolution and evaluation of trust in construction projects in China.
Factors on Trust between Owners and Contractors of Construction Projects in China
Wang, Jinshuang (Autor:in) / Tai, Shuangliang (Autor:in) / Li, Jing (Autor:in)
2014 International Conference on Construction and Real Estate Management ; 2014 ; Kunming, China
ICCREM 2014 ; 783-790
03.11.2014
Aufsatz (Konferenz)
Elektronische Ressource
Englisch
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