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An Empirical Study On The Relationship Between Sustainability Performance And Business Competitiveness Of International Construction Contractors, Yongtao Tan, Jorge Ochoa, Craig Langston, Li-Yin Shen
An Empirical Study On The Relationship Between Sustainability Performance And Business Competitiveness Of International Construction Contractors, Yongtao Tan, Jorge Ochoa, Craig Langston, Li-Yin Shen
Craig Langston
With expectations for resource efficiency and climate change adaptation in the construction industry, there is an increasing need for contractors to implement sustainable practices. Such action will burden contractors with additional costs that will lower their economic performance. There are few research studies on how sustainability relates to a firm's competitiveness. This paper represents an empirical study of the relationship between sustainability performance and business competitiveness of international construction contractors. An inverse U-shape relationship between contractors' sustainability performance and their international revenue, and a U-shape relationship between contractors' sustainability performance and their international revenue growth was discovered. The findings can …