IMPACT OF CULTURAL, ECONOMIC AND TECHNOLOGY ON RISK MANAGEMENT OF CONSTRUCTION COMPANIES IN IRAN

Mohammad Ehsanifar, Fatemeh Dekamini, Moein Khazaei, Cristi Spulbar (), Ramona Birau and Dumitru Cinciulescu
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Mohammad Ehsanifar: DEPARTMENT OF INDUSTRIAL ENGINEERING, FACULTY OF ENGINEERING, ISLAMIC AZAD UNIVERSITY, ARAK, IRAN
Fatemeh Dekamini: DEPARTMENT OF INDUSTRIAL MANAGEMENT, FACULTY OF MANAGEMENT, ISLAMIC AZAD UNIVERSITY, ARAK, IRAN
Moein Khazaei: DEPARTMENT OF INDUSTRIAL MANAGEMENT, FACULTY OF MANAGEMENT, TARBIAT MODARES UNIVERSITY, TEHRAN, IRAN
Ramona Birau: FACULTY OF ECONOMIC SCIENCE, UNIVERSITY CONSTANTIN BRANCUSI, TG-JIU, ROMANIA
Dumitru Cinciulescu: UNIVERSITY OF CRAIOVA, DOCTORAL SCHOOL OF ECONOMIC SCIENCES, CRAIOVA, ROMANIA

Annals - Economy Series, 2023, vol. 2, 26-39

Abstract: The current research was conducted with the topic of investigating the effect of cultural, economic and technological factors on the risk management of construction companies in Iran. This research was applied in terms of purpose and descriptive-survey in terms of method. The statistical population of this research is: senior managers and engineers of grade 1 construction companies in Iran, of which 120 people were selected as a sample through sampling in available was selected and a researcher-made questionnaire was distributed among them and they were asked to rate each item according to its importance from one (lowest) to five (highest). To analyze the data, partial least squares technique was used with the help of SmartPLS software, and the results showed that cultural and economic factors do not affect the risk management of Iran construction companies, but technological factors have an effect on the risk management of Iran construction companies.

Keywords: cultural factors; economy; technology; risk management; construction companies; corporate finance; risk analysis (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2023:v:2:p:26-39

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