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Sustainable strategies in a declining housing market: a comparative study
Högskolan i Gävle, Akademin för utbildning och ekonomi, Avdelningen för ekonomi, Företagsekonomi. (HAR)ORCID-id: 0000-0003-0084-007x
chool of Architecture and the Built Environment, KTH, Royal Institute of Technology, Stockholm, Sweden.
2018 (engelsk)Inngår i: International Journal of Management Practice, ISSN 1477-9064, E-ISSN 1741-8143, Vol. 11, nr 4, s. 400-421Artikkel i tidsskrift (Fagfellevurdert) Published
Abstract [en]

The purpose of this study is first to examine and comparesustainable strategies within public and private housing companies in decliningmarkets in central Sweden. Then, the study evaluates the impact of newlegislation that requires public housing companies to act in a ‘businesslike’way, in the same way as a long-term private company. A quantitative studywas conducted based on a survey sent to 72 housing companies. The resultsshow that public housing companies are more strategy oriented than privatehousing companies. The results can be viewed as an on-going interactionprocess, where a company’s strategies affect its profit. The study aims toincrease the understanding of activities within housing companies in adeclining market that engage the companies in sustainable strategies toimprove their market knowledge and profit.

sted, utgiver, år, opplag, sider
2018. Vol. 11, nr 4, s. 400-421
Emneord [en]
sustainable strategy; declining market; construction; renovation; demolition; social corporate responsibility.
HSV kategori
Identifikatorer
URN: urn:nbn:se:hig:diva-27857DOI: 10.1504/IJMP.2018.095169Scopus ID: 2-s2.0-85054501997OAI: oai:DiVA.org:hig-27857DiVA, id: diva2:1245816
Konferanse
International Conference on a multidisciplinary View on Sustainable Life and Business: Sus-Lab’, November 2016, Bangkok, Thailand
Tilgjengelig fra: 2018-09-06 Laget: 2018-09-06 Sist oppdatert: 2018-11-23bibliografisk kontrollert
Inngår i avhandling
1. The role of market orientation in public housing companies: A study of MO’s effect on construction strategies
Åpne denne publikasjonen i ny fane eller vindu >>The role of market orientation in public housing companies: A study of MO’s effect on construction strategies
2018 (engelsk)Doktoravhandling, med artikler (Annet vitenskapelig)
Abstract [en]

The development of public housing companies in Sweden is strongly influenced by legal, economic, and demographic changes. The companies long tradition of taking responsibility for customer welfare in living have recently been criticized for excessive dominance over price setting, which is claimed to give them competitive advantages in the housing market. New legislation in 2011 requires financial return on investment, implying increased competition with radical changes for the companies. Because of the law, they find themselves transitioning from the role of being responsible for living conditions in Sweden to having to work in a businesslike manner with increased competition.The purpose of this dissertation is to analyze how the public housing companies’ deal with market orientation constructs and what their impact is on construction strategy choices. Theoretically, the market orientation concept is seen as a tool for companies to create superior value for the customers and influence strategic performance, which is a relationship tested and analyzed in this dissertation.The research was conducted through data collection stages using qualitative and quantitative methods. In the first stage, a qualitative pilot study was conducted with interviews of 15 managers in 11 public housing companies in central Sweden. In the second stage, two quantitative comparative studies of public and private housing companies in declining markets in central Sweden were conducted, collecting data from 23 (22 survey respondents) public and 37 private housing companies (16 respondents). In the third and final stage, two quantitative studies were conducted, collecting data from all 289 public housing companies (165 respondents) in Sweden.Results of the five studies show, firstly, that economic condition in the municipality have a major impact on the housing companies’ construction strategies, causing them to act innovatively in order to create superior customer value. Secondly, market orientation efforts contribute to competitive advantages in growing markets, while weak economic conditions limit the companies’ construction strategy choices in declining markets. After analyzing the link between market orientation constructs and construction strategy in declining markets, results showed that the public housing companies demonstrate higher responsiveness to customer demands compared to the private sector, but these have no effects on construction strategy. Thirdly, the analysis of moderating (external) and mediating (corporate social responsibility) effects on the market orientation and construction strategy relationship confirms that economic conditions in society influence construction strategy planning and decisions. The results of the mediating effects of CSR indicate that environmental and social issues have a positive influence on the market orientation and construction strategy relationship.

sted, utgiver, år, opplag, sider
Stockholm: KTH Royal Institute of Technology, 2018. s. 72
Serie
TRITA-ABE-DLT ; 1833
Emneord
Public housing companies, market orientation, construction strategies, innovation, moderating and mediating effects, strategic performance
HSV kategori
Forskningsprogram
Företagsekonomi
Identifikatorer
urn:nbn:se:hig:diva-27973 (URN)978-91-7729-930-1 (ISBN)
Disputas
2018-10-15, Kollegiesalen, KTH, Stockholm, 13:00 (svensk)
Opponent
Veileder
Tilgjengelig fra: 2018-09-26 Laget: 2018-09-26 Sist oppdatert: 2018-09-26bibliografisk kontrollert

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