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Performance assessment of construction companies: A study of factors promoting financial soundness and innovation in the industry

机译:建筑公司的绩效评估:促进行业财务稳健性和创新的因素研究

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The purpose of the paper is to examine trends in the performance of the Portuguese construction industry, and identify the factors that promote excellence and innovation in the sector. From a methodological perspective, this study enhances the construction of composite indicators using the principles of the "benefit of the doubt" weighting. This involves the use of Data Envelopment Analysis to estimate weights for aggregating the key performance indicators of the construction companies. The paper also proposes a new DEA-based method to assess innovation within an industry, identifying the innovative companies and the extent of innovation. The determinants of good performance and innovation are examined using regression techniques and the statistical significance of the results is ensured by the use of bootstrapping. The study reveals that the Portuguese construction industry experienced a remarkable performance improvement during the 1990s, but this growth trend in performance slowed down in recent years. It is concluded that company performance is strongly affected by the national economic context, and that small specialized companies and large contractors tend to achieve the best performance levels.
机译:本文的目的是研究葡萄牙建筑业表现的趋势,并确定促进该行业卓越和创新的因素。从方法论的角度来看,本研究使用“疑问的好处”加权原理来增强综合指标的构建。这涉及使用数据包络分析来估算权重,以汇总建筑公司的关键绩效指标。本文还提出了一种基于DEA的新方法,用于评估行业内的创新,确定创新公司和创新范围。使用回归技术检查了性能和创新性的决定因素,并且通过使用自举法确保了结果的统计意义。该研究表明,葡萄牙建筑业在1990年代经历了显着的绩效改善,但是近年来这种绩效增长趋势有所放缓。结论是,公司的业绩受到国民经济环境的强烈影响,小型专业公司和大型承包商往往会达到最佳业绩水平。

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