| Title |
A Study of Mediative Function by Contract on the Relationship between Employer's Power and Contractor's Behavior |
| Authors |
Kim, Junghoon ; Kim, Seungchul ; Boo, Jeman |
| DOI |
http://dx.doi.org/10.6106/KJCEM.2018.19.6.135 |
| Keywords |
Power ; Contract ; Behavior |
| Abstract |
Normally there is a one-time relationship between stakeholders in the construction projects. Thus, project participants are easily exposed to opportunistic behavior. According to the theory of transaction costs, a contract effectively influence the behavior of counter-party. The important role of contracts in limiting opponent opportunistic behavior has been academically acknowledged and studied in inter-firm relationships. The purpose of this study is to reveal the mediating effect of the contract on the power of the contractor in the contractor's behavior. Power is divided into mediated and non-mediated power. We surveyed construction companies' employees who have conducted construction projects. Based on the questionnaire response, we examined the influence of the Employer's power on the behavior of the contractor. Both non-mediated power and mediated power were significant for in-role and out-role behaviors. Both non-mediated power and mediated power were found to have a significant effect on the control and coordination function of contracts. The results show that the control function of the contract is significant for the inrole behavior and the extra-role behavior. Finally, the mediating effect of the contract function was significant only in the control function. |