Factor Affecting the Growth of Construction Companies: In the Case of Addis Ababa
| dc.contributor.advisor | Hailemariam G. (PhD) | |
| dc.contributor.author | Belaysew Fenta | |
| dc.date.accessioned | 2024-03-29T06:56:11Z | |
| dc.date.available | 2024-03-29T06:56:11Z | |
| dc.date.issued | 2024-02-21 | |
| dc.description.abstract | This research focused on examining the factors that influence the growth of construction companies in Addis Ababa. Unfortunately, the recent growth of construction companies in Addis Ababa has been unsatisfactory. Some struggle to remain active in the industry, while others remain inactive for extended periods or are forced to exit the market. The study utilized both descriptive and explanatory research methods. Primary data was collected through questionnaires administered to contractors ranging from grade 1 to grade 10. A representative sample of 250 valid respondents was selected to represent a total of 1,638 construction companies, using a stratified random sampling technique. The collected data was analyzed using descriptive statistics and inferential statistics. The findings of the study revealed robust correlations between the six independent variables (human resources, leadership, organizational culture, governmental policies and regulations, corruption, and political instability) and the dependent variable of growth, with a 95% confidence interval. Furthermore, these six independent variables explained 79% of the observed growth. Regression analysis results indicated that four of the independent variables (human resources, leadership, organizational culture, and governmental policies and regulations) had a positive and statistically significant effect at a 5% significance level. Conversely, the remaining two factors had a negative effect but remained statistically significant at a 95% confidence interval. Based on these findings, it is recommended that construction companies prioritize the development of their human resources to cultivate a skilled workforce. Additionally, fostering strong leadership is crucial for driving innovation and success within the industry. Furthermore, companies should strive to create an organizational culture that values efficiency and collaboration, as this promotes sustained growth. On the governmental level, it is important to implement and enforce transparent construction policies, actively combat corruption through rigorous measures, and streamline permitting processes to facilitate the growth of construction companies. By addressing these factors, construction companies in Addis Ababa can position themselves for improved growth and success in the industry | |
| dc.identifier.uri | https://etd.aau.edu.et/handle/123456789/2631 | |
| dc.language.iso | en_US | |
| dc.publisher | AAU | |
| dc.title | Factor Affecting the Growth of Construction Companies: In the Case of Addis Ababa | |
| dc.type | Thesis |