Sustainable corporate governance: The impact factors for top consulting engineering companies in Taiwan

Jieh Haur Chen, Tien Sheng Chou, Jui Pin Wang, Hsi Hsien Wei, Tzu Han Yang

Research output: Journal article publicationJournal articleAcademic researchpeer-review

1 Citation (Scopus)

Abstract

The objective of this research was to explore the impact factors of sustainable corporate governance for top consulting engineering companies in Taiwan, to facilitate managers in meeting stakeholders’ needs and adapting to the challenges of the global markets. Nine hypotheses derived from a literature review were proposed and used to develop a survey. Based on the concept of structural equation modeling (SEM) and these hypotheses, a questionnaire containing six aspects and comprising 46 stems was developed using the Likert 5-scale format. The survey took around four months to administer with 324 effective returns, with only five hypotheses confirmed. This was followed by factor analysis to determine the weight sequence for the 28 impact factors and four aspects. The contributions of the findings are as follows: (1) the weighted factors provide practitioners with guidelines for the proper order for the implementation of measures to improve corporate governance, and (2) they answer questions about the degree of influence and the relationship among all aspects and factors for sustainable corporate governance.

Original languageEnglish
Article number7604
JournalSustainability (Switzerland)
Volume13
Issue number14
DOIs
Publication statusPublished - 2 Jul 2021

Keywords

  • Construction management
  • Engineering consulting companies
  • Factor analysis
  • Structural equation modeling (SEM)
  • Sustainable corporate governance

ASJC Scopus subject areas

  • Geography, Planning and Development
  • Renewable Energy, Sustainability and the Environment
  • Environmental Science (miscellaneous)
  • Energy Engineering and Power Technology
  • Management, Monitoring, Policy and Law

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