Main Factors Contributing To Growth Of Malaysian Construction Companies
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Date
2011-02
Authors
Yusof, Mohamad Nizam
Journal Title
Journal ISSN
Volume Title
Publisher
Universiti Sains Malaysia
Abstract
Most firms in general have multiple objectives aimed to sustain and succeed in their business. In the short term, firms pay more attention to profit maximization. For the long term however, profit is no longer the prime focus because one of the objectives which may dominate the management of a firm is its growth. The objectives of this research are to identify factors determining the growth of construction companies in Malaysia, to identify which factors play key role in determining growth and to analyze the impact of these factors have on growth performance of companies. Data collection for the purpose of this research was done through a questionnaire survey which was carried out involving large construction companies from grade G7. Questionnaires were sent to 600 respondents via postal service. From 600 questionnaires disseminated, 102 of the questionnaires were returned, completed and useable. Data was analyzed by using relevance statistical methods such as frequency, relative important index (RII), factor analysis and regression analysis to establish findings. Findings of this research show that the customer orientation factors was found to be the utmost important factor in determining growth of Malaysian construction companies. It was also found that management and product quality factor and human factor had a positive significant influence with growth performance both in term of growth in employment or turnover.
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Keywords
Contributing To Growth , Malaysian Construction Companies