A Study on Governance Structure Selection Model of Construction-Agent System Projects under Uncertainty

摘要：

Construction-Agent System is a newly developed and effective public project delivery method in China. Governance structures affect performance of public projects. According to arrangement of project control rights and residual claims, this paper classifies project structures into two modes in terms of the hierarchy as well as the market. The study suggests that four determinants, including stakeholders, responsibilities and commitments, project objectives and risks, should be taken into consideration when selecting governance structures. A stochastic optimization model is developed to reveal linkage between incentive-constraint mechanisms and governance structures. A numerical example shows that in the high risk state, market governance structure should be selected, while in the low risk state, hierarchy governance structure will be appropriate.

作者: Gu Qiang Yang Weihua Dai Dashuang

作者单位: School of Management,Dalian University of Technology,Dalian,P.R.China,116023 School of Management,Dalian Polytechnic University,Dalian,P.R.China,116034

会议类型: 国际会议

会议名称: The 7th International Conference on Innovation and Management(第七届创新与管理国际会议 ICIM 2010)

会议地点: 武汉

会议语种:英文

页码: 1225-1230

在线出版日期: 2010-12-04（万方平台首次上网日期，不代表论文的发表时间）