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首页> 外文期刊>Advances in civil engineering >Political Risk Paths in International Construction Projects: Case Study from Chinese Construction Enterprises
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Political Risk Paths in International Construction Projects: Case Study from Chinese Construction Enterprises

机译：国际建设项目中的政治风险路径：以中国建筑企业为例

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摘要

International construction enterprises (ICEs) have been plagued with political risks in the global market. To ensure the success of political risk management, it is necessary to comprehend the political risks in international construction projects. This study aims at exploring the political risk paths in international construction projects. The preliminary political risk factors and paths were proposed from the literature review. A survey questionnaire was developed to collect political risk cases faced by Chinese construction enterprises (CCEs) performing international construction projects, and 264 valid cases were received and analyzed for this study. Adopting the confirmatory factor analysis (CFA) method, 6 macrofactors ("sociopolitical stability" (A), "legal and regulatory" (B), "social safety" (C), "economy performance" (D), "attitude towards foreigners" (E), and "international environment" (F)) and 2 microfactors ("low exposure" (G) and "capability of enterprises" (H)) were identified. Moreover, the results of path analysis illustrated that 7 factors (A, B, C, D, E, G, and H) had the significant direct negative effect on "risk consequences" and 3 factors (A, D, and F) had the indirect negative effect on "risk consequences." The findings from this study help practitioners gain an in-depth understanding of political risks in international construction projects and provide a useful reference for ICEs to manage political risks when venturing outside their home countries.
机译：国际建筑企业（ICE）一直困扰着全球市场中的政治风险。为了确保政治风险管理的成功，有必要理解国际建设项目中的政治风险。本研究旨在探讨国际建设项目中的政治风险路径。文献综述提出了初步的政治风险因素和路径。编制了调查问卷，以收集从事国际建筑项目的中国建筑企业（CCE）面临的政治风险案例，并针对本研究接收并分析了264个有效案例。采用验证性因素分析（CFA）方法，包括6个宏观因素（“社会政治稳定性”（A），“法律和法规”（B），“社会安全”（C），“经济绩效”） （D），“对待外国人的态度”（E）和“国际环境”（F））和两个微观因素（“低风险”（G）和“企业能力”（H） ）。此外，路径分析的结果表明，有7个因素（A，B，C，D，E，G和H）对“风险后果”具有显着的直接负面影响，而3个因素（A，D和F ）对“风险后果”产生了间接的负面影响。这项研究的结果有助于从业人员深入了解国际建筑项目中的政治风险，并为ICE在外出冒险时管理政治风险提供有用的参考国家。

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