Establishing Cooperative Relationships and Joint Risk Management in Construction Projects: Agency Theory Perspective

Establishing Cooperative Relationships and Joint Risk Management in Construction Projects: Agency Theory Perspective
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DOI:
10.1061/(asce)me.1943-5479.0000346
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发表时间:
2015-11
影响因子:
7.4
通讯作者:
E. Osipova
E. Osipova
中科院分区:
工程技术1区
文献类型:
--
作者:
E. Osipova

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摘要通过工程承包合同,业主和承包商之间存在委托代理关系。这些关系被认为是对抗性的,其特征在于缔约方的两个主要特征,如下:(1)不同的目标,(2)对风险的不同态度。与风险管理有关的问题促使项目参与方将注意力集中在与项目中他们自己的部分有关的风险上,而不是集中在联合风险管理上。很少有研究讨论了联合风险管理,虽然风险分担是委托代理关系中的一个关键问题,必须有效解决与代理有关的问题,以建立强有力的合作。因此,本文的目的是研究项目参与者如何解决与委托代理关系相关的问题,从而加强合作关系(和JRM)。实证研究结果是基于两个纵向案例研究,并表明,强有力的合作是一个多层面的活动,是至关重要的JRM。有效的JR.
AbstractThrough construction contracts, clients and contractors are involved in principal-agent relationships. These relationships are argued to be adversarial and characterised by two main features of contracting parties, as follows: (1) different goals, and (2) different attitudes to risk. Agency-related problems contribute to the project participants concentrating on risks associated with their own parts of projects instead of joint risk management (JRM). Fewer studies have discussed JRM, although risk-sharing is a key issue in principal-agent relationships and agency-related problems must be effectively addressed to establish strong collaboration. Thus, the aim of this paper is to investigate how project participants address problems associated with principal-agent relationships and thereby enhance cooperative relationships (and JRM). The empirical findings are based on two longitudinal case studies and show that strong collaboration is a multidimensional activity that is crucial for JRM. Effective JR...