South Asian Journal of Management

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Key Factors Contributing to Revenue-based Growth of Small Construction Firms in India:An Empirical Study


Affiliations
1 School of General Management, National Institute of Construction Management and Research, Pune, India
2 National Institute of Construction Management and Research, Pune, India
     

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This study aimed to identify the key factors that contribute to the revenue-based growth of small construction firms in India for analyzing their impact on growth performance parameters, namely, job creation, productivity, output and customer satisfaction. In two phases, the total number of 500 questionnaires was administered to small construction firms who are less than five years old. In the first phase, 218 questionnaires were returned usable to perform exploratory factor analysis for establishing key factors. In the second phase, 230 questionnaires were returned usable from an independent sample to perform multiple linear regression analysis. The findings have shown that human factor, management factor, business environment factor, technological factor and competition factor are the key factors in the revenue-based growth of small construction firms in India. Further, significant influencers pertaining to the growth performance parameters are identified. The findings of this study are limited to the Indian context only.

Keywords

Construction, Customer Satisfaction, Job Creation, Output, Productivity.
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  • Key Factors Contributing to Revenue-based Growth of Small Construction Firms in India:An Empirical Study

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Authors

Anand Prakash
School of General Management, National Institute of Construction Management and Research, Pune, India
Milind Phadtare
National Institute of Construction Management and Research, Pune, India

Abstract


This study aimed to identify the key factors that contribute to the revenue-based growth of small construction firms in India for analyzing their impact on growth performance parameters, namely, job creation, productivity, output and customer satisfaction. In two phases, the total number of 500 questionnaires was administered to small construction firms who are less than five years old. In the first phase, 218 questionnaires were returned usable to perform exploratory factor analysis for establishing key factors. In the second phase, 230 questionnaires were returned usable from an independent sample to perform multiple linear regression analysis. The findings have shown that human factor, management factor, business environment factor, technological factor and competition factor are the key factors in the revenue-based growth of small construction firms in India. Further, significant influencers pertaining to the growth performance parameters are identified. The findings of this study are limited to the Indian context only.

Keywords


Construction, Customer Satisfaction, Job Creation, Output, Productivity.

References