The synergy between human factors and risk attitudes of Malaysian contractors’: Moderating effect of government policy

Many critical factors influence the effectiveness of risk management. There is unanimity among project and risk practitioners about the most significant factor responsible for risk management: “human factors”. As human attitude is always reflected in behaviour, there is a high possibility that a con...

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Main Authors:	Taofeeq, D. M., Adeleke, A. Q., Lee, Chia Kuang
Format:	Article
Language:	English
Published:	Elsevier Ltd 2020
Subjects:	HD28 Management. Industrial Management
Online Access:	http://umpir.ump.edu.my/id/eprint/26244/ http://umpir.ump.edu.my/id/eprint/26244/ http://umpir.ump.edu.my/id/eprint/26244/ http://umpir.ump.edu.my/id/eprint/26244/1/The%20synergy%20between%20human%20factors%20and%20risk%20attitudes%20of%20Malaysian%20contractors1.pdf

id	ump-26244
recordtype	eprints
spelling	ump-262442020-01-20T07:11:47Z http://umpir.ump.edu.my/id/eprint/26244/ The synergy between human factors and risk attitudes of Malaysian contractors’: Moderating effect of government policy Taofeeq, D. M. Adeleke, A. Q. Lee, Chia Kuang HD28 Management. Industrial Management Many critical factors influence the effectiveness of risk management. There is unanimity among project and risk practitioners about the most significant factor responsible for risk management: “human factors”. As human attitude is always reflected in behaviour, there is a high possibility that a contractor's behaviour will be by the attitude. Therefore, this study aims to identify the factors affecting contractors' risk attitudes and then determine the relationship with government policy. A total of 100 copies of questionnaire were randomly distributed to the construction companies in Kuantan Malaysia. Out of the 100 copies of the questionnaire distributed, 69 copies were received indicating 72.6% response rate. Thirteen (13) copies of the questionnaire were found to be unusable due to missing data or errors in the responses to all the questions. Thus, 56 copies of the questionnaire, indicating 58.9% response rate, were usable. Moreover, with quantitative research design following the positivist research paradigm, the methodology was designed to focus on the research questions and the objectives. Organizational Control Theory was used to develop the theoretical framework that investigated G-7 contractors in the Kuantan Pahang, Malaysian construction companies. SPSS 20.0 & SmartPLS 3 for structural equation modelling was utilized in testing the hypotheses developed for the study. Government policy moderates the relationships between the internal factors and contractors' risk attitudes among the construction companies operating in Kuantan, Malaysia. This implies that the findings of the study provides more understanding of the personal factors that affect contractors' risk attitudes to facilitate contractors' decision-making process. It also serves as a useful reference for further studies in the field of construction project management. Elsevier Ltd 2020 Article PeerReviewed pdf en http://umpir.ump.edu.my/id/eprint/26244/1/The%20synergy%20between%20human%20factors%20and%20risk%20attitudes%20of%20Malaysian%20contractors1.pdf Taofeeq, D. M. and Adeleke, A. Q. and Lee, Chia Kuang (2020) The synergy between human factors and risk attitudes of Malaysian contractors’: Moderating effect of government policy. Safety Science, 121. pp. 331-347. ISSN 09257535 https://doi.org/10.1016/j.ssci.2019.09.016 https://doi.org/10.1016/j.ssci.2019.09.016
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Malaysia Pahang
building	UMP Institutional Repository
collection	Online Access
language	English
topic	HD28 Management. Industrial Management
spellingShingle	HD28 Management. Industrial Management Taofeeq, D. M. Adeleke, A. Q. Lee, Chia Kuang The synergy between human factors and risk attitudes of Malaysian contractors’: Moderating effect of government policy
description	Many critical factors influence the effectiveness of risk management. There is unanimity among project and risk practitioners about the most significant factor responsible for risk management: “human factors”. As human attitude is always reflected in behaviour, there is a high possibility that a contractor's behaviour will be by the attitude. Therefore, this study aims to identify the factors affecting contractors' risk attitudes and then determine the relationship with government policy. A total of 100 copies of questionnaire were randomly distributed to the construction companies in Kuantan Malaysia. Out of the 100 copies of the questionnaire distributed, 69 copies were received indicating 72.6% response rate. Thirteen (13) copies of the questionnaire were found to be unusable due to missing data or errors in the responses to all the questions. Thus, 56 copies of the questionnaire, indicating 58.9% response rate, were usable. Moreover, with quantitative research design following the positivist research paradigm, the methodology was designed to focus on the research questions and the objectives. Organizational Control Theory was used to develop the theoretical framework that investigated G-7 contractors in the Kuantan Pahang, Malaysian construction companies. SPSS 20.0 & SmartPLS 3 for structural equation modelling was utilized in testing the hypotheses developed for the study. Government policy moderates the relationships between the internal factors and contractors' risk attitudes among the construction companies operating in Kuantan, Malaysia. This implies that the findings of the study provides more understanding of the personal factors that affect contractors' risk attitudes to facilitate contractors' decision-making process. It also serves as a useful reference for further studies in the field of construction project management.
format	Article
author	Taofeeq, D. M. Adeleke, A. Q. Lee, Chia Kuang
author_facet	Taofeeq, D. M. Adeleke, A. Q. Lee, Chia Kuang
author_sort	Taofeeq, D. M.
title	The synergy between human factors and risk attitudes of Malaysian contractors’: Moderating effect of government policy
title_short	The synergy between human factors and risk attitudes of Malaysian contractors’: Moderating effect of government policy
title_full	The synergy between human factors and risk attitudes of Malaysian contractors’: Moderating effect of government policy
title_fullStr	The synergy between human factors and risk attitudes of Malaysian contractors’: Moderating effect of government policy
title_full_unstemmed	The synergy between human factors and risk attitudes of Malaysian contractors’: Moderating effect of government policy
title_sort	synergy between human factors and risk attitudes of malaysian contractors’: moderating effect of government policy
publisher	Elsevier Ltd
publishDate	2020
url	http://umpir.ump.edu.my/id/eprint/26244/ http://umpir.ump.edu.my/id/eprint/26244/ http://umpir.ump.edu.my/id/eprint/26244/ http://umpir.ump.edu.my/id/eprint/26244/1/The%20synergy%20between%20human%20factors%20and%20risk%20attitudes%20of%20Malaysian%20contractors1.pdf
first_indexed	2023-09-18T22:40:45Z
last_indexed	2023-09-18T22:40:45Z
_version_	1777416898510585856

The synergy between human factors and risk attitudes of Malaysian contractors’: Moderating effect of government policy

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