Pub Date : 2023-01-01DOI: 10.25236/ajbm.2023.052114
The concept of wage propensity coefficient is introduced, a mathematical model is established to accurately measure the gender wage propensity index, and a regression model is further established to analyze the impact of technological progress on gender wage gap by using the big data of China's urban employed population and wages. The results found that technological progress and the proportion of urban female employed persons to all urban employed persons are important factors affecting the gender wage gap in urban areas, and the female wage propensity index increases with the increase of technological progress, and decreases with the increase of the proportion of urban female employed persons to all urban employed persons. Among them, technological progress has a greater impact, for every one-point increase in technological progress, the wage propensity index of women increases by 5.15%. Technological progress has helped to increase the wage propensity index of employed women, thereby contributing to the reduction of the gender wage gap. It is suggested that, firstly, the influence of women's own characteristics such as education and years of working experience should be improved; secondly, women's employment should be promoted, and the proportion of urban women employed in the total number of urban employed persons should be expanded; and thirdly, the simultaneous improvement of women's employment and wages should be ensured, and technological advancement should be strengthened even more.
{"title":"A Study of the Gender Wage Gap Based on Big Data Regression Analysis of the Urban Employed Population and Wages: A Technological Progress Perspective","authors":"","doi":"10.25236/ajbm.2023.052114","DOIUrl":"https://doi.org/10.25236/ajbm.2023.052114","url":null,"abstract":"The concept of wage propensity coefficient is introduced, a mathematical model is established to accurately measure the gender wage propensity index, and a regression model is further established to analyze the impact of technological progress on gender wage gap by using the big data of China's urban employed population and wages. The results found that technological progress and the proportion of urban female employed persons to all urban employed persons are important factors affecting the gender wage gap in urban areas, and the female wage propensity index increases with the increase of technological progress, and decreases with the increase of the proportion of urban female employed persons to all urban employed persons. Among them, technological progress has a greater impact, for every one-point increase in technological progress, the wage propensity index of women increases by 5.15%. Technological progress has helped to increase the wage propensity index of employed women, thereby contributing to the reduction of the gender wage gap. It is suggested that, firstly, the influence of women's own characteristics such as education and years of working experience should be improved; secondly, women's employment should be promoted, and the proportion of urban women employed in the total number of urban employed persons should be expanded; and thirdly, the simultaneous improvement of women's employment and wages should be ensured, and technological advancement should be strengthened even more.","PeriodicalId":282196,"journal":{"name":"Academic Journal of Business & Management","volume":"14 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135508482","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-01DOI: 10.25236/ajbm.2023.052104
This paper presents a comprehensive analysis of the historical development and impact of enterprise core competency theory in the field of management. This paper presents a comprehensive analysis of the historical development and impact of enterprise core competency theory in the field of management. As a crucial theory in management, the theory of enterprise core competence has evolved through multiple stages since its inception. This paper presents a comprehensive analysis of the historical development and impact of enterprise core competency theory in the field of management. Initially, this paper examines the theory's origin and evolution, discussing its growth in diverse historical contexts. Subsequently, this article examines the influence of the corporate core competence theory on management studies, encompassing its role as inspiration and guidance for corporate strategy, organizational structure, human resources, and more. Furthermore, the article evaluates the contemporary global economic situation and its impact on the development of corporate core competence. Additionally, it outlines how to extend and apply this theory in contemporary circumstances. The paper presents an analysis of the latest enterprise core competence advances within the global economic context. Lastly, the paper summarizes the status and import of enterprise core competence theory in the field of management and outlines the course of future research.
{"title":"Enterprise Core Competency Theory and the Development of the Management Discipline","authors":"","doi":"10.25236/ajbm.2023.052104","DOIUrl":"https://doi.org/10.25236/ajbm.2023.052104","url":null,"abstract":"This paper presents a comprehensive analysis of the historical development and impact of enterprise core competency theory in the field of management. This paper presents a comprehensive analysis of the historical development and impact of enterprise core competency theory in the field of management. As a crucial theory in management, the theory of enterprise core competence has evolved through multiple stages since its inception. This paper presents a comprehensive analysis of the historical development and impact of enterprise core competency theory in the field of management. Initially, this paper examines the theory's origin and evolution, discussing its growth in diverse historical contexts. Subsequently, this article examines the influence of the corporate core competence theory on management studies, encompassing its role as inspiration and guidance for corporate strategy, organizational structure, human resources, and more. Furthermore, the article evaluates the contemporary global economic situation and its impact on the development of corporate core competence. Additionally, it outlines how to extend and apply this theory in contemporary circumstances. The paper presents an analysis of the latest enterprise core competence advances within the global economic context. Lastly, the paper summarizes the status and import of enterprise core competence theory in the field of management and outlines the course of future research.","PeriodicalId":282196,"journal":{"name":"Academic Journal of Business & Management","volume":"20 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135508485","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-01DOI: 10.25236/ajbm.2023.052103
The rapid development of the platform economy makes platform institutional marketing gradually become an important means for platform companies to attract customers to use and participate in platform activities. On the one hand, platform companies guarantee users' transaction rights and interests based on a certain intensity of regulation to enhance customers' willingness to participate in value co-creation, and on the other hand, they promote customers' willingness to participate in value co-creation by establishing trust relationships with users. Based on the SOR model, this paper investigates the influence mechanism of institutional marketing regulation on customers' willingness to participate in value co-creation based on value perception theory with three-dimensional value perception as the mediating variable. The relationship between the variables in the conceptual model is tested empirically using questionnaires, and it is concluded that: institutional marketing regulation positively affects customers' willingness to participate in value co-creation; value perception mediates the positive relationship between institutional marketing regulation and customers' willingness to participate in value co-creation; and there is a direct effect of platform institutional regulation on customers' willingness to participate in value co-creation, and there is a direct effect of platform trust regulation on customers' willingness to participate in value co-creation. There is no direct effect of platform trust regulation on customers' willingness to participate in value co-creation.
{"title":"The effect of institutional marketing regulation on customers' willingness to participate in value co-creation: the mediating role of customer value perception","authors":"","doi":"10.25236/ajbm.2023.052103","DOIUrl":"https://doi.org/10.25236/ajbm.2023.052103","url":null,"abstract":"The rapid development of the platform economy makes platform institutional marketing gradually become an important means for platform companies to attract customers to use and participate in platform activities. On the one hand, platform companies guarantee users' transaction rights and interests based on a certain intensity of regulation to enhance customers' willingness to participate in value co-creation, and on the other hand, they promote customers' willingness to participate in value co-creation by establishing trust relationships with users. Based on the SOR model, this paper investigates the influence mechanism of institutional marketing regulation on customers' willingness to participate in value co-creation based on value perception theory with three-dimensional value perception as the mediating variable. The relationship between the variables in the conceptual model is tested empirically using questionnaires, and it is concluded that: institutional marketing regulation positively affects customers' willingness to participate in value co-creation; value perception mediates the positive relationship between institutional marketing regulation and customers' willingness to participate in value co-creation; and there is a direct effect of platform institutional regulation on customers' willingness to participate in value co-creation, and there is a direct effect of platform trust regulation on customers' willingness to participate in value co-creation. There is no direct effect of platform trust regulation on customers' willingness to participate in value co-creation.","PeriodicalId":282196,"journal":{"name":"Academic Journal of Business & Management","volume":"10 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135508493","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-01DOI: 10.25236/ajbm.2023.051825
Most family enterprises in China were established in the early stage of reform and opening up. However, more than 40 years after reform and opening up, family enterprises are facing a wave of inheritance from the first generation of founders or leaders to future generations. Reviewing the existing literature, few scholars have systematically reviewed the intergenerational inheritance of family enterprises. By analyzing the research content, inheritance methods and influencing factors of family business intergenerational inheritance, this paper puts forward the countermeasures to deal with the influencing factors and prospects for the future research direction of intergenerational inheritance.
{"title":"Review on intergenerational inheritance of family business","authors":"","doi":"10.25236/ajbm.2023.051825","DOIUrl":"https://doi.org/10.25236/ajbm.2023.051825","url":null,"abstract":"Most family enterprises in China were established in the early stage of reform and opening up. However, more than 40 years after reform and opening up, family enterprises are facing a wave of inheritance from the first generation of founders or leaders to future generations. Reviewing the existing literature, few scholars have systematically reviewed the intergenerational inheritance of family enterprises. By analyzing the research content, inheritance methods and influencing factors of family business intergenerational inheritance, this paper puts forward the countermeasures to deal with the influencing factors and prospects for the future research direction of intergenerational inheritance.","PeriodicalId":282196,"journal":{"name":"Academic Journal of Business & Management","volume":"110 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135748632","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-01DOI: 10.25236/ajbm.2023.051810
With the continuous development of the global economy, climate change has emerged as a worldwide threat, primarily attributed to the annual increase in carbon emissions. Focusing on time-series data from a specific period in Canada, this study unveils the relationship between Canada's carbon emissions and GDP. Both simple linear regression and multiple linear regression models indicate a significant positive correlation between carbon emissions and GDP growth, suggesting that in the pursuit of development, Canada tends to emit more carbon. The research findings indicate that developed countries, while pursuing their own economic and societal advancement, need to focus on their carbon emissions and strive to achieve "carbon neutrality" in order to address the global threat of climate change.
{"title":"An Analysis of the Relationship between Annual Carbon Emissions and Economic Growth in Canada","authors":"","doi":"10.25236/ajbm.2023.051810","DOIUrl":"https://doi.org/10.25236/ajbm.2023.051810","url":null,"abstract":"With the continuous development of the global economy, climate change has emerged as a worldwide threat, primarily attributed to the annual increase in carbon emissions. Focusing on time-series data from a specific period in Canada, this study unveils the relationship between Canada's carbon emissions and GDP. Both simple linear regression and multiple linear regression models indicate a significant positive correlation between carbon emissions and GDP growth, suggesting that in the pursuit of development, Canada tends to emit more carbon. The research findings indicate that developed countries, while pursuing their own economic and societal advancement, need to focus on their carbon emissions and strive to achieve \"carbon neutrality\" in order to address the global threat of climate change.","PeriodicalId":282196,"journal":{"name":"Academic Journal of Business & Management","volume":"123 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135749002","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-01DOI: 10.25236/ajbm.2023.051824
Taking the Pearl River-West River Economic Belt as an example, based on the five development principles, this study explores its high-quality development level and evolving trends from 2015 to 2020 using evaluation systems, the entropy-weighted method, and the Gini coefficient method. The results show that: (1) the high-quality development level of the urban economy in the Pearl River-West River Economic Belt has increased steadily year by year, with a relatively slow growth rate. Except for the openness dimension, all other sizes have maintained steady growth. (2) The Gini coefficient decreased from 0.0759 in 2015 to 0.0440 in 2020, a decrease of 42.03%, indicating a downward trend in disparity. However, the development gap between cities is still relatively noticeable. (3) The regional disparities have shown a fluctuating downward trend over time, with declines between central and backward cities, sub-central and backward cities, and central and sub-central cities.
{"title":"A Study on Spatio-Temporal Pattern and Optimization of High-Quality Development in the Pearl River-West River Economic Belt","authors":"","doi":"10.25236/ajbm.2023.051824","DOIUrl":"https://doi.org/10.25236/ajbm.2023.051824","url":null,"abstract":"Taking the Pearl River-West River Economic Belt as an example, based on the five development principles, this study explores its high-quality development level and evolving trends from 2015 to 2020 using evaluation systems, the entropy-weighted method, and the Gini coefficient method. The results show that: (1) the high-quality development level of the urban economy in the Pearl River-West River Economic Belt has increased steadily year by year, with a relatively slow growth rate. Except for the openness dimension, all other sizes have maintained steady growth. (2) The Gini coefficient decreased from 0.0759 in 2015 to 0.0440 in 2020, a decrease of 42.03%, indicating a downward trend in disparity. However, the development gap between cities is still relatively noticeable. (3) The regional disparities have shown a fluctuating downward trend over time, with declines between central and backward cities, sub-central and backward cities, and central and sub-central cities.","PeriodicalId":282196,"journal":{"name":"Academic Journal of Business & Management","volume":"298 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135749009","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-01DOI: 10.25236/ajbm.2023.052009
In the context of the trend of Digital transformation of enterprises, this paper empirically examines the differences in the impact of founders and strategic investment controllers on Digital transformation of enterprises, taking private listed companies from 2007 to 2020 as research samples. The research results indicate that the founding controller is beneficial for listed companies to actively promote the digital process of the enterprise; However, both financial and industrial investment controllers will inhibit the Digital transformation of enterprises, and the inhibitory effect of financial investment controllers is stronger. Digital finance and control rights further strengthen the above regression results. Individual controllers, vertical industry controllers and professional financial investment controllers are conducive to the Digital transformation of enterprises. The mechanism research shows that the company's innovation input and output, and information transparency play a mediating role between the controller heterogeneity and the enterprise's Digital transformation. The research results of this paper enrich the research perspective and content of the relationship between corporate controllers and Digital transformation, and have certain reference significance for enterprises to improve corporate governance and actively promote Digital transformation.
{"title":"An analysis method of enterprise digital transformation effect based on investor data of public companies","authors":"","doi":"10.25236/ajbm.2023.052009","DOIUrl":"https://doi.org/10.25236/ajbm.2023.052009","url":null,"abstract":"In the context of the trend of Digital transformation of enterprises, this paper empirically examines the differences in the impact of founders and strategic investment controllers on Digital transformation of enterprises, taking private listed companies from 2007 to 2020 as research samples. The research results indicate that the founding controller is beneficial for listed companies to actively promote the digital process of the enterprise; However, both financial and industrial investment controllers will inhibit the Digital transformation of enterprises, and the inhibitory effect of financial investment controllers is stronger. Digital finance and control rights further strengthen the above regression results. Individual controllers, vertical industry controllers and professional financial investment controllers are conducive to the Digital transformation of enterprises. The mechanism research shows that the company's innovation input and output, and information transparency play a mediating role between the controller heterogeneity and the enterprise's Digital transformation. The research results of this paper enrich the research perspective and content of the relationship between corporate controllers and Digital transformation, and have certain reference significance for enterprises to improve corporate governance and actively promote Digital transformation.","PeriodicalId":282196,"journal":{"name":"Academic Journal of Business & Management","volume":"130 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135156074","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-01DOI: 10.25236/ajbm.2023.052010
As a strategic emerging industry,the digital creative industry has become one of the important driving forces of China's economic development. The party's 20th report proposed the goal of promoting the integration of strategic emerging industries, aiming to build an internationally competitive digital industrial cluster. With the rapid development of digital technology, the digital creative industry plays an important role in the process of global cross-border integration into a strategic emerging industry. However, the development of the global digital creative industry is unbalanced, and the leading countries are mainly concentrated in Europe, North America,and Asia[1], There are also differences in the development of digital creative industries in different countries, mainly due to the differences in policies, markets and cultural environments in different countries. Thus,the comparative analysis of the UK, the United States, Japan, and China's major cities in the digital creative industry development trends and characteristics will provide important experience and guidance for the future development of the digital creative industry in China, and is also of great significance to countries that promote the implementation of national digital creative industry development plans.
{"title":"Experience, reference and inspiration of the development of digital creative industry at home and abroad","authors":"","doi":"10.25236/ajbm.2023.052010","DOIUrl":"https://doi.org/10.25236/ajbm.2023.052010","url":null,"abstract":"As a strategic emerging industry,the digital creative industry has become one of the important driving forces of China's economic development. The party's 20th report proposed the goal of promoting the integration of strategic emerging industries, aiming to build an internationally competitive digital industrial cluster. With the rapid development of digital technology, the digital creative industry plays an important role in the process of global cross-border integration into a strategic emerging industry. However, the development of the global digital creative industry is unbalanced, and the leading countries are mainly concentrated in Europe, North America,and Asia[1], There are also differences in the development of digital creative industries in different countries, mainly due to the differences in policies, markets and cultural environments in different countries. Thus,the comparative analysis of the UK, the United States, Japan, and China's major cities in the digital creative industry development trends and characteristics will provide important experience and guidance for the future development of the digital creative industry in China, and is also of great significance to countries that promote the implementation of national digital creative industry development plans.","PeriodicalId":282196,"journal":{"name":"Academic Journal of Business & Management","volume":"30 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135158131","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-01DOI: 10.25236/ajbm.2023.052013
In this paper, a data envelopment analysis (DEA) model was used to study the impact of the registration system reform on corporate financing efficiency with enterprises of the Growth Enterprise Market (GEM) as examples. The paper starts with theories related to financing structure and efficiency, and expounds basic theories involved in the analysis process. Later in the empirical analysis part, relevant data of GEM enterprises from 2018 to 2022 were collected and processed to determine input indicators such as the turnover rate and output indicators such as the amount of capital raised in the initial offering for empirical comparative analysis. It is finally concluded that the registration system reform positively affects corporate financing efficiency. Specifically, after the reform, there are changes including more diversified corporate financing channels, improvement of pure efficiency and scale efficiency to different extents, lower financing cost, and higher financing efficiency. The findings can provide some reference for corporate financing, and some policy recommendations are lastly presented on other factors affecting the efficiency of registration system implementation, hoping to provide some insight into the development of securities market.
{"title":"The Impact of Registration System Reform on Corporate Financing Efficiency—A Case Study on the GEM","authors":"","doi":"10.25236/ajbm.2023.052013","DOIUrl":"https://doi.org/10.25236/ajbm.2023.052013","url":null,"abstract":"In this paper, a data envelopment analysis (DEA) model was used to study the impact of the registration system reform on corporate financing efficiency with enterprises of the Growth Enterprise Market (GEM) as examples. The paper starts with theories related to financing structure and efficiency, and expounds basic theories involved in the analysis process. Later in the empirical analysis part, relevant data of GEM enterprises from 2018 to 2022 were collected and processed to determine input indicators such as the turnover rate and output indicators such as the amount of capital raised in the initial offering for empirical comparative analysis. It is finally concluded that the registration system reform positively affects corporate financing efficiency. Specifically, after the reform, there are changes including more diversified corporate financing channels, improvement of pure efficiency and scale efficiency to different extents, lower financing cost, and higher financing efficiency. The findings can provide some reference for corporate financing, and some policy recommendations are lastly presented on other factors affecting the efficiency of registration system implementation, hoping to provide some insight into the development of securities market.","PeriodicalId":282196,"journal":{"name":"Academic Journal of Business & Management","volume":"97 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135158150","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-01DOI: 10.25236/ajbm.2023.052005
EPC general engineering contracting mode is a kind of contracting method widely used in large-scale engineering construction activities at present. This mode provides a new mode for the completion of large-scale projects, which has played a certain role in promoting China's economic development, while its problems are also becoming more and more obvious. At present, with the "Belt and Road" initiative and the establishment of RCEP, a large number of cross-border EPC projects to carry out the implementation of the academic community for the EPC general contracting mode of research continues to be hot, to explore the main risk management mechanism. In this paper, the relevant literature is sorted out according to the chronological order and importance, and the conceptual definition of EPC general contracting model is summarised, and it is also found that the research on risk management in the existing literature is mainly from the four aspects of risk identification, risk evaluation and measurement, risk control and response, and digitalisation of risk management. The results of this paper not only summarise the main literature on risk management in EPC projects, but also clarify the strengths and weaknesses of the relevant research, providing a development direction for future research.
{"title":"A review of research related to risk management of EPC engineering projects and future prospects","authors":"","doi":"10.25236/ajbm.2023.052005","DOIUrl":"https://doi.org/10.25236/ajbm.2023.052005","url":null,"abstract":"EPC general engineering contracting mode is a kind of contracting method widely used in large-scale engineering construction activities at present. This mode provides a new mode for the completion of large-scale projects, which has played a certain role in promoting China's economic development, while its problems are also becoming more and more obvious. At present, with the \"Belt and Road\" initiative and the establishment of RCEP, a large number of cross-border EPC projects to carry out the implementation of the academic community for the EPC general contracting mode of research continues to be hot, to explore the main risk management mechanism. In this paper, the relevant literature is sorted out according to the chronological order and importance, and the conceptual definition of EPC general contracting model is summarised, and it is also found that the research on risk management in the existing literature is mainly from the four aspects of risk identification, risk evaluation and measurement, risk control and response, and digitalisation of risk management. The results of this paper not only summarise the main literature on risk management in EPC projects, but also clarify the strengths and weaknesses of the relevant research, providing a development direction for future research.","PeriodicalId":282196,"journal":{"name":"Academic Journal of Business & Management","volume":"26 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135158134","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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