Transaction-cost-based selection of appropriate general contractor-subcontractor relationship type

Journal of Construction Engineering and Management

Volumn 135, Issue 11, 2009, Pages 1232-1240

  Lee, Hyun Soo ^a   Seo, Joon Oh ^b   Park, Moonseo ^a   Ryu, Han Guk ^c   Kwon, Soon Seok ^b  

^a Seoul National University   (South Korea)

^b Samsung Advanced Institute of Technology (SAIT)   (South Korea)

^c Changwon National University   (South Korea)

Author keywords

Construction industry; Costs; Profits; Subcontracting; Theories

Indexed keywords

COLLABORATIVE CONSTRUCTION; COST-INTENSIVE; GENERAL CONTRACTORS; PARTNERSHIP RELATIONSHIP; PRACTICAL GUIDELINES; PROFIT MODEL; PROFITS; STRATEGIC PARTNERSHIP; SUBCONTRACTING; TERM RELATIONSHIP; THEORIES; TRANSACTION COST; TRANSACTION-COST THEORY; WORK PERFORMANCE;

CONSTRUCTION INDUSTRY; COSTS; EARNINGS; MERGERS AND ACQUISITIONS; PROFITABILITY;

CONTRACTORS;

EID: 70350072800     PISSN: 07339364     EISSN: None     Source Type: Journal    
DOI: 10.1061/(ASCE)CO.1943-7862.0000086     Document Type: Article

References (16)

1. Bensaou, M. (1999). " Portfolios of buyer-supplier relationships.." Sloan Manage. Rev. 0019-848X, 40 (4), 35-43.
2. Costantino, N., and Pietroforte, R. (2002). " Subcontracting practices in USA homebuilding-An empirical verification of Eccles's findings 20 years later.." European Journal of Purchasing & Supply Management, 8, 15-23. 10.1016/S0969-7012(01)00019-3
3. Dainty, A. R. J., Briscoe, G. H., and Millett, S. J. (2001). " Subcontractor perspectives on supply chain alliance.." Constr. Manage. Econom. 0144-6193, 19 (8), 841-848. 10.1080/01446190110089727 (Pubitemid 33109660)
4. Dyer, J. H., Cho, D. S., and Chu, W. (1998). " Strategic supplier segmentation: The next big practice' in supply chain management.." California Manage. Rev. 0008-1256, 40 (2), 57-77.
5. Hinze, J., and Tracy, A. (1994). " The Contractor-subcontractor relationship: The subcontractor's view.." J. Constr. Eng. Manage. 0733-9364, 120 (2), 274-287. 10.1061/(ASCE)0733-9364(1994)120:2(274)
6. Kale, S., and Arditi, D. (2001). " General contractors' relationships with subcontractors: A strategic asset.." Constr. Manage. Econom. 0144-6193, 19, 541-549. 10.1080/01446190110049839 (Pubitemid 32635995)
7. Kim, J. H., and Kim, H. S. (2003). " Partnering strategy for general contractors with reinforced concrete sub-contractors.." Journal of the Architectural Institute of Korea, 19 (8), 129-136.
8. Kumaraswamy, M. M., and Matthews, J. D. (2000). " Improved subcontractor selection employing partnering principles.." J. Manage. Eng. 0742-597X, 16 (3), 47-57. 10.1061/(ASCE)0742-597X(2000)16:3(47) (Pubitemid 30869275)
9. Latham, M. (1994). Construction the team, Her Majesty's Stationery Office, London.
10. Pint, E. M., and Baldwin, L. H. (1997). " Strategic sourcing-Theory and evidence from economics and business management.." RAND Monograph Rep., The Rand Corporation, Santa Monica, Calif.
11. Richardson, J., and Roumasset, J. (1995). " Sole sourcing, competitive sourcing, parallel souring: Mechanisms for supplier performance.." Manage. Dec. Econ. 0143-6570, 16, 71-84. 10.1002/mde.4090160109
12. Shimizu, J. Y., and Cardoso, F. F. (2002). " Subcontracting and cooperation network in building construction: A literature review.." Proc., IGLC-10, International Group for Lean Construction, Grramado, Brazil.
13. Trent, R. J. (2005). " Why relationships matter.." Supply Chain Manage. Rev. 1521-9747, 9 (8), 53-59.
14. Usdiken, B., Sozen, Z., and Enbiyaoglu, H. (1988). " Strategies and boundaries: Subcontracting in construction.." Strategic Manage. J. 0143-2095, 9 (6), 633-637. 10.1002/smj.4250090609
15. Williamson, O. E. (1989). " Transaction cost economics.." Handbook of industrial organization, R. Schmalensee, and, R. D. Willig, eds., Vol. 1,. Elsevier Science, New York.
16. Zou, P. X. W., and Lim, T. H. (2005). " Developing main contractor-subcontractor long-term relationships: Current practice and strategies.." Third Int. Conf. on Construction in the 21st Century, Construction in the 21st Century, Athens.