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Barrett, P S and Barrett, L C (2003) Research as a kaleidoscope on practice. Construction Management and Economics, 21(07), 755-66.

Cho, Y (2003) The organizational boundaries of housebuilding firms in Korea. Construction Management and Economics, 21(07), 671-80.

  • Type: Journal Article
  • Keywords: Organizational boundary; diversification; contracting; quasi-firm; housebuilding
  • ISBN/ISSN: 0144-6193
  • URL: https://doi.org/10.1080/0144619032000093297
  • Abstract:

    This paper investigates the boundary of activities undertaken by Korean housebuilding firms. First, it examines the contractual relationships between housebuilding firms and contractors, focusing on the existence of quasifirm type organization in the Korean housebuilding industry. Second, it looks at how far Korean housebuilding firms diversify into other activities outside the industry. Secondary data analysis and an interview survey, carried out over the period between 1980 and 1995, were used. The results show that Korean housebuilding firms depend on a traditional contractual relationship with contractors but that quasi-firm type organization is not established. On the other hand, housebuilding firms diversify into both related and unrelated business. This diversification could be a short-term ’survival strategy’ under a regulated environment rather than a long-term ’growth strategy’.

Dainty, A R J and Edwards, D J (2003) The UK building education recruitment crisis: a call for action. Construction Management and Economics, 21(07), 767-75.

Kaka, A P and Lewis, J (2003) Development of a company-level dynamic cash flow forecasting model (DYCAFF). Construction Management and Economics, 21(07), 693-705.

Perttula, P, Merjama, J, Kiurula, M and Laitinen, H (2003) Accidents in materials handling at construction sites. Construction Management and Economics, 21(07), 729-36.

Phua, F T T and Rowlinson, S (2003) Cultural differences as an explanatory variable for adversarial attitudes in the construction industry: the case of Hong Kong. Construction Management and Economics, 21(07), 777-85.

Pongpeng, J and Liston, J (2003) A multicriteria model's survey: state of the art and some necessary capabilities of future models. Construction Management and Economics, 21(07), 665-70.

Shohet, I M (2003) Building evaluation methodology for setting maintenance priorities in hospital buildings. Construction Management and Economics, 21(07), 681-92.

Su, C-K, Lin, C-Y and Wang, M-T (2003) Taiwanese construction sector in a growing 'maturity' economy, 1964-1999. Construction Management and Economics, 21(07), 719-28.

Tam, C M, Fung, I W H, Yeung, T C L and Tung, K C F (2003) Relationship between construction safety signs and symbols recognition and characteristics of construction personnel. Construction Management and Economics, 21(07), 745-53.

Wanous, M, Boussabaine, A H and Lewis, J (2003) A neural network bid/no bid model: the case for contractors in Syria. Construction Management and Economics, 21(07), 737-44.

Zhi, M, Hua, G B, Wang, S Q and Ofori, G (2003) Total factor productivity growth accounting in the construction industry of Singapore. Construction Management and Economics, 21(07), 707-18.