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Abdullahi, U, Bustani, S A, Hassan, A and Rotimi, F E (2019) Assessing quality management practice in Nigerian construction industry. Journal of Construction Business and Management, 3(2), 17-25.
Ajayi, O O, Koleoso, H, Ajayi, M and Faremi, O (2019) Maintenance performance of prison facilities in southwestern Nigeria. Journal of Construction Business and Management, 3(2), 26-34.
Akinwale, A A and Olusanya, O A (2020) Influence of subcontracting processes on wages and workloads in the building construction industry in Nigeria. Journal of Construction Business and Management, 4(2), 1-10.
Alade, K, Oyebade, A and Nzewi, N (2018) Assessment of the use of locally available materials for building construction in Ado-Ekiti, Nigeria. Journal of Construction Business and Management, 2(2), 36-41.
Ameh, O J and Daniel, E I (2017) Human resource management in the Nigerian construction firms: practices and challenges. Journal of Construction Business and Management, 1(2), 47-54.
Amoo, O, Lukman, Y and Musa, N (2022) Dispute resolution methods adopted by contractors during COVID-19 in Eastern Cape South Africa: A case study. Journal of Construction Business and Management, 5(2), 54-67.
Dada, J O (2018) A career path framework for quantity surveyors in Nigeria private practice. Journal of Construction Business and Management, 2(2), 15-23.
Danku, J C (2020) Exploring the concept of social licence in the construction industry of a developing country. Journal of Construction Business and Management, 4(2), 25-33.
Dosumu, O, Idoro, G and Onukwube, H (2017) Causes of errors in construction contract documents in Southwestern, Nigeria. Journal of Construction Business and Management, 1(2), 11-23.
Joseph Oladiran, O and Rogers Simeon, D (2023) Consciousness and prospects of autoclaved aerated concrete (AAC) blocks for wall construction: Comparative study Nigeria and South Africa. Journal of Construction Business and Management, 6(2), 1-10.
Leo-olagbaye, F and Odeyinka, H A (2018) Evaluation of risk factors and their impact on road projects. Journal of Construction Business and Management, 2(2), 24-35.
Lowe, J (2023) Technical and organisational change in UK construction. Journal of Construction Business and Management, 6(2), 50-61.
Manchidi, T E and Rwelamila, P D (2019) A state legitimation approach of reserved built environment professional work: A case for South Africa – part 1. Journal of Construction Business and Management, 3(2), 35-48.
Maniar, H (2020) Contingency management in Indian construction projects. Journal of Construction Business and Management, 4(2), 11-24.
Nkeleme, E I, Mbamali, I and Shakantu, W (2022) A measure of combustion-generated pollutants in university laboratories and their effects on the indoor air quality. Journal of Construction Business and Management, 5(2), 44-53.
Nyakala, S, Pretorius, J and Vermeulen, A (2020) Construction quality process implementation as a source of competitive advantage in small and medium-sized construction projects. Journal of Construction Business and Management, 4(2), 46-54.
Ogbu, C P (2017) Building quality condition and maintenance cost: the case of public low income housing in Abia Sate, Nigeria. Journal of Construction Business and Management, 1(2), 24-34.
Ogbu, C P and Olatunde, N (2019) Relationship between organisational effectiveness and project performance of sme contractors: A developing country perspective. Journal of Construction Business and Management, 3(2), 1-16.
Ogunseiju, O, Odeyinka, H A and Yusuf, A O (2023) Usage of building information modelling in quantity surveying firms in Nigeria. Journal of Construction Business and Management, 6(2), 27-37.
Okoro, C S and Musonda, I (2017) Establishing underlying structures of safety performance measures using factor analysis of data on construction workers in Gauteng, South Africa. Journal of Construction Business and Management, 1(2), 55-64.
Oladokun, T T and Komolafe, M O (2017) Drivers of rural housing development in Edo State, Nigeria. Journal of Construction Business and Management, 1(2), 35-46.
Olugboyega, O and Aina, O O (2018) Examination of the levels of development of building information models in the Nigerian construction industry. Journal of Construction Business and Management, 2(2), 1-14.
Omollo, W O (2019) Barriers to the effective regulation of the building construction industry: An empirical analysis. Journal of Construction Business and Management, 3(2), 49-58.
Onungwa, I O and Uduma-Olugu, N (2017) Building information modelling and collaboration in the Nigerian construction industry. Journal of Construction Business and Management, 1(2), 1-10.
Opawole, A, Alao, O O, Yusuf, A O, Adu, E T and Ofoetan, M A (2022) Evaluation of compliance of concreting materials to standards in building projects in Lagos State, Nigeria. Journal of Construction Business and Management, 5(2), 1-19.
Rambaruth, A, Adam, J K and Krishna, S B N (2022) Contributing elements and issues to strategic management in the construction industry among small and medium enterprises: A case study in South Africa's Ethekwini region. Journal of Construction Business and Management, 5(2), 20-8.
Renault, B Y, Agumba, J N and Ansary, N (2020) Correlation analysis between risk measurement and project success of small and medium contractors in gauteng, South Africa. Journal of Construction Business and Management, 4(2), 34-45.
Ssenyange, K and Kudakwashe, C (2023) The impact of leadership styles on government construction project success: A structural equation modeling approach. Journal of Construction Business and Management, 6(2), 11-26.
Taofeeq, D M and Adeleke, A Q (2019) Factor's influencing contractors risk attitude in the Malaysian construction industry. Journal of Construction Business and Management, 3(2), 59-67.
- Type: Journal Article
- Keywords: contractor; Malaysia; questionnaire survey; risk attitude; risk management
- ISBN/ISSN: 2521-0165
- URL: https://doi.org/10.15641/jcbm.3.2.668
- Abstract:
The Malaysian construction industry often acts as a vehicle that motivates’ the development of the nation’s economy. The industry is commonly referred to as a catalyst for development. However, poor performance in terms of productivity and quality systems has been the main issues of discussion from most of the government reports. In order to improve performance in the Malaysian construction industry, the introduction of the Occupational Safety and Health Act (OSHA) in 1994 has made all industries in Malaysia to identify hazards, conduct risk assessment and control those risk and at the same time implement an integrated system to ensure consistency and better performance of projects in Malaysian industries. Therefore, in this paper, the ranking of specific factors affecting contractors’ risk attitudes in the Malaysian construction industry was assessed. A review of relevant literature was undertaken to identify the factors influencing contractors’ risk attitudes. The study found that the four leading specific factors influencing contractors risk attitude in the Malaysian construction industry are; project-related factors, working capital, human-related factors, and external environment. The study confirms the individual factors that affect a contractor’s risk attitudes. Knowledge of these factors will facilitate contractors’ decision-making process and serve as a useful reference for further studies in the field of construction project management.
Tiew, S Y, Hashim, H A and Zolkafli, U K B (2022) Performance barriers in relation with professional development of graduate architects in construction industry: A systematic literature review. Journal of Construction Business and Management, 5(2), 29-43.
Verwey, J, Cumberlege, R and Crafford, G J (2023) Exploring the interplay between quantity surveyors’ conflict-handling styles and personality traits. Journal of Construction Business and Management, 6(2), 38-49.
Windapo, A, Moghayedi, A, Oliphant, D and Adediran, A (2018) Exploring the components of cost on construction projects. Journal of Construction Business and Management, 2(2), 42-50.