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Article
Publication date: 3 January 2023

Pengcheng Xiang, Xin Xia and Xianya Pang

The purpose of this paper is to develop a novel integrated risk assessment method from the system perspective to evaluate the risk of the cross-regional mega construction project…

Abstract

Purpose

The purpose of this paper is to develop a novel integrated risk assessment method from the system perspective to evaluate the risk of the cross-regional mega construction project (CMCP). Furthermore, this paper aims to confirm the core risk source factors and refine the risk management strategies of CMCPs through a case study.

Design/methodology/approach

Based on the analysis of the risk system of CMCPs, the concept model and risk assessment principles of integrated risk assessment were confirmed. The risk source factors and project objectives of the CMCP were identified from a literature review, export interview and case analysis. According to the vulnerability theory, the integrated risk assessment model was developed by involving vulnerabilities, threats, objectives and interaction of those factors synthetically. Then, ZW high-speed railway from China was analyzed to verify the feasibility and effectiveness of the proposed method.

Findings

As a result, 12 threat factors and 12 vulnerability factors were identified. Based on the case study, the main external threat comes from T13 (conflicts of interest between local governments) and T23 (harsh natural environment); the most easily exploited internal vulnerabilities were V11 (complexity of technology), V13 (lack of experience in technical application), V21 (inadequate experience) and V23 (lack of interest coordination mechanism). Moreover, the economic objective was most affected.

Practical implications

It is essential to develop an interest coordination mechanism for CMCPs. The harsh natural environment is a critical factor, but it also promotes technological innovation and iteration. Public opinions in different regions are critical for CMCPs, and more emphasis should be placed on public opinion surveys of CMCPs. Moreover, diverse and flexible environmental protection strategies should apply in CMCPs.

Originality/value

This research has the following three contributions. First, based on vulnerability theory, an integrated risk assessment approach of CMCPs is developed, which enriches the risk measurement method system and provides inspiration for future research on risk in the construction industry. Second, the risk sources of CMCPs are identified from the perspective of vulnerability and threat to provide clear guidance for the risk management of CMCPs. Third, the core risk source factors and management strategies confirmed by the case study will be beneficial for various governments in different regions and project managers to optimize the project management scheme, as they are transferable management experiences.

Details

Engineering, Construction and Architectural Management, vol. 31 no. 6
Type: Research Article
ISSN: 0969-9988

Keywords

Article
Publication date: 3 June 2024

Pengcheng Xiang, Simai Yang, Yongqi Yuan and Ranyang Li

The purpose of this paper is to develop a comprehensive understanding of the public safety risks of international construction projects (ICPs) from the perspective of threat and…

Abstract

Purpose

The purpose of this paper is to develop a comprehensive understanding of the public safety risks of international construction projects (ICPs) from the perspective of threat and vulnerability. A novel and comprehensive risk assessment approach is developed from a systemic perspective and applied to the Belt and Road Initiative (BRI) to improve the public safety risk management strategy for ICPs in BRI.

Design/methodology/approach

First, a public safety risk indicator system was constructed from the two dimensions, namely threat and vulnerability. Next, an integrated measurement model was constructed by combining the Genetic Algorithm-Backpropagation (GA-BP) neural network, fuzzy comprehensive evaluation method and matter-element extension (MME) method. Data from 49 countries involved in the BRI, as well as five typical projects, were used to validate the model. Finally, targeted risk prevention measures were identified for use at the national, enterprise and project levels.

Findings

The findings indicate that while the vulnerability risks of typical projects in each region of the BRI were generally low, threat risks were high in West Asia and North Africa, Commonwealth of Independent States (CIS) countries and South Asia.

Originality/value

First, the structure of the public safety risk system of ICPs was analyzed using vulnerability and system theories. The connotation of public safety risk was defined based on two dimensions, namely threat and vulnerability. The idea of measuring threat risk with public data and measuring vulnerability risk with project data was clarified, and the risk measurement was integrated into the measurement results to help researchers and managers understand and systematically consider the public safety risks of ICPs. Second, a public safety risk indicator system was constructed, including 18 threat risk indicators and 14 vulnerability risk indicators to address the gaps in the existing research. The MEE model was employed to overcome the problem of incompatible indicator systems and provide stable and credible integrated measurement results. Finally, the whole-process public safety risk management scheme designed in this study can help to both provide a reference point for the Chinese enterprises and oversea contractors in market selection as well as improve ICP public safety risk management.

Details

Engineering, Construction and Architectural Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0969-9988

Keywords

Article
Publication date: 6 July 2022

Xin Xia and Pengcheng Xiang

Managers of megaprojects face social risk management challenges throughout the various design, construction, and operation stages, owing to the various conflicts of interest among…

1050

Abstract

Purpose

Managers of megaprojects face social risk management challenges throughout the various design, construction, and operation stages, owing to the various conflicts of interest among stakeholders, public skepticism, and opposition. However, most existing studies have not focused on the dynamic analysis of integrating social risks in these stages. This study developed a dynamic analysis approach to explore the dynamics of critical social risk factors and related stakeholders of megaprojects and built the managerial maps for various stakeholders.

Design/methodology/approach

Based on the social analysis network (SNA), a dynamic network analysis approach for understanding the dynamics of social risk and related stakeholders has been developed by literature and case analysis. The approach comprises the following steps: (1) generating social risk–stakeholder networks in different stages; (2) analysis of the critical stakeholders and social risk factors; (3) dynamic analysis of social risk factors; and (4) developing social risk management maps for various stakeholders. To verify the feasibility and effectiveness of the approach, 40 megaprojects from China were analyzed.

Findings

According to the results, the local government is a critical stakeholder during all stages, inadequate information promotion (IIP) and imperfect communication and coordination mechanism (ICCM) are key social risk sources throughout the megaproject life cycle. Furthermore, the management maps for government organizations, project implementation groups, and external stakeholders were constructed.

Originality/value

This research has three contributions. First, a dynamic analysis approach of stakeholder-associated social risks in megaprojects is developed, which enriches the social risk management theory of megaprojects and provides inspiration for future research focus. Second, the social risk–stakeholder networks and critical social risks in different stages are confirmed to provide a more valid and accurate picture of social risk management in megaprojects. Third, the social risk managerial maps for different stakeholders built in this research will be beneficial for governments, project implementation groups, and external stakeholders to optimize management strategies.

Details

Engineering, Construction and Architectural Management, vol. 30 no. 10
Type: Research Article
ISSN: 0969-9988

Keywords

Article
Publication date: 11 April 2023

Jeen Guo, Pengcheng Xiang, Qiqi Liu and Yun Luo

The purpose of this paper is to propose a method that can calculate the transportation infrastructure network service capacity enhancement given by planned transportation…

Abstract

Purpose

The purpose of this paper is to propose a method that can calculate the transportation infrastructure network service capacity enhancement given by planned transportation infrastructure projects construction. Managers can sequence projects more rationally to maximize the construction effectiveness of infrastructure investments.

Design/methodology/approach

This paper designed a computational network simulation software to generate topological networks based on established rules. Based on the topological networks, the software simulated the movement path of users and calculated the average travel time. This software allows the adjustment of parameters to suit different research objectives. The average travel time is used as an evaluation index to determine the most appropriate construction sequence.

Findings

In this paper, the transportation infrastructure network of Sichuan Province in China was used to demonstrate this software. The average travel time of the existing transportation network in Sichuan Province was calculated as 211 min using this software. The high-speed railways from Leshan to Xichang and from Xichang to Yibin had the greatest influence on shortening the average travel time. This paper also measured the changes in the average travel time under two strategies: shortening the maximum and minimum priorities. All the transportation network optimisation plans for Sichuan Province will be somewhere between these two strategies.

Originality/value

The contribution of this research are three aspects: First, a complex network analysis method that can take into account the differences of node elements is proposed. Second, it provides an effective tool for decision makers to plan transportation infrastructure construction. Third, the construction sequence of transportation infrastructure development plan can effect the infrastructure investment effectiveness.

Details

Engineering, Construction and Architectural Management, vol. 31 no. 7
Type: Research Article
ISSN: 0969-9988

Keywords

Article
Publication date: 27 November 2020

Chunjiao Jiang and Pengcheng Mao

The purpose of this paper is to examine how Si-shu, a traditional form of local, private education grounded in classical instruction, responded to the rapid modernization of…

Abstract

Purpose:

The purpose of this paper is to examine how Si-shu, a traditional form of local, private education grounded in classical instruction, responded to the rapid modernization of education during the late Qing dynasty and early Republic of China and to explain why these schools, once extraordinarily adaptable, finally disappeared.

Design/methodology/approach:

The authors have examined both primary and secondary sources, including government reports, education yearbooks, professional annals, public archives, and published research to analyze the social, political and institutional changes that reshaped Si-shu in the context of China's late-19th- and early-20th-century educational modernization.

Findings:

Si-shu went through four stages of institutional change during the last century. First, they faced increased competition from new-style (westernized) schools during the late Qing dynasty. Second, they engaged in a process of intense self-reform, particularly after the Xinhai Revolution of 1911. Third, they were marginalized by the new educational systems of the Republic of China, especially the Renxu School System of 1922 and the Wuchen School System of 1928. Finally, after the foundation of the People's Republic of China in 1949, they were considered remnants of feudal culture and forcibly replaced by modern schools.

Originality/value:

This paper brings hitherto unexplored Chinese sources to an English-speaking audience in an effort to shed new light on the history of traditional Chinese education. The fate of Si-shu was part of the larger modernization of Chinese education – a development that had both advantages and disadvantages.

Details

History of Education Review, vol. 50 no. 1
Type: Research Article
ISSN: 0819-8691

Keywords

Article
Publication date: 16 September 2024

Shijun Huang, Pengcheng Du and Yu Hong

With the continuous deepening of China's mixed-ownership reform, the participants in the reform have gradually expanded from state-owned enterprises to private enterprises…

Abstract

Purpose

With the continuous deepening of China's mixed-ownership reform, the participants in the reform have gradually expanded from state-owned enterprises to private enterprises. Whether state-owned equity participation in private enterprises can facilitate the development of environmental, social and governance (ESG) performance in private enterprises is a question that needs urgent examination. This study aims to investigate the impact of state-owned equity participation on the ESG performance of private enterprises.

Design/methodology/approach

Using Chinese listed companies as the research sample, this study uses econometric methods such as multiple regression to analyze the relationship between state-owned equity and the ESG performance of private enterprises. Additionally, it explores the underlying mechanisms and influencing factors of this relationship.

Findings

There is a significant inverted U-shaped relationship between state-owned equity and the ESG performance of private enterprises. Mechanism analysis reveals that resource effects and governance effects play a mediating role in this nonlinear relationship. Furthermore, the authors find that environmental regulation and managers' attention to the environment positively moderate the relationship between state-owned equity participation and ESG performance.

Practical implications

A reasonable equity structure is crucial for enhancing corporate ESG performance. Moderate state-owned equity participation helps to leverage resource integration and governance advantages, which will assist private enterprises in maximizing ESG performance and achieving sustainable development.

Social implications

In advancing the process of mixed-ownership reform, the government should maintain an appropriate proportion of state-owned equity to avoid excessive intervention in enterprise decision-making. At the same time, it should ensure that enterprises can genuinely undertake their social and environmental responsibilities while pursuing economic benefits. This is of great significance for promoting sustainable economic and social development.

Originality/value

This study integrates state-owned equity, ESG and nonlinear relationships into a single research framework. It explores the internal mechanisms and influencing factors of their relationship, overcoming the limitations of previous studies and provides a new perspective for understanding the impact of state-owned equity on corporate ESG performance.

Details

Sustainability Accounting, Management and Policy Journal, vol. 16 no. 1
Type: Research Article
ISSN: 2040-8021

Keywords

Article
Publication date: 10 April 2009

Dongqing Liu, Bo Zheng and Pengcheng Yan

The purpose of this paper is to put forward a method which uses a computer to make a large number of simulated tests and determine the reference value of a system reliability…

168

Abstract

Purpose

The purpose of this paper is to put forward a method which uses a computer to make a large number of simulated tests and determine the reference value of a system reliability index according to a unit reliability index.

Design/methodology/approach

At the beginning of conducting an index demonstration and development on a new system, its unit reliability index can already reflect the unit reliability level accurately. Based on this characteristic, this index is used as the confidence lower limit of single side estimated in the unit reliability interval to find the failure distribution law of the unit. On this basis, a great number of simulated tests are made by a computer to calculate the unit failure number and reliability point estimated value every test.

Findings

The confidence lower limit of single side estimated in the system reliability interval is found by counting up the simulated test data of these units.

Research limitations/implications

Availability of data is the main limitation regarding which model will be applied.

Practical implications

A useful advice for system reliability analysis and calculation.

Originality/value

This paper presents a new approach of system reliability analysis.

Details

Kybernetes, vol. 38 no. 3/4
Type: Research Article
ISSN: 0368-492X

Keywords

Article
Publication date: 18 July 2024

Sheng Liu, Xiao Lin and Xiuying Chen

This paper aims to reveal the green governance role played by stock connect in transition economies from the perspective of corporates’ environmental violations and provides…

Abstract

Purpose

This paper aims to reveal the green governance role played by stock connect in transition economies from the perspective of corporates’ environmental violations and provides implications for the coordination and optimization of subsequent stock market liberalization and green transformation policies in pursuit of carbon peaking and carbon neutrality goals.

Design/methodology/approach

With the data of Chinese listed enterprises, this paper takes the Shanghai-Hong Kong Stock Connect or Shenzhen-Hong Kong Stock Connect in China as a quasi-natural experiment and applies the multi-period difference-in-difference (DID) model to identify the impact of stock market liberalization on the corporates’ environmental violations.

Findings

The findings reveal that the stock market liberalization significantly restrains the corporates’ environmental violations. These findings are robust to a series of sensitivity tests, including excluding two-way effects, adjusting the year of policy implementation, replacing the core variables, introducing the regional fixed effects and excluding the interference effect of other relevant policies during the sample period. Furthermore, the stock market liberalization is beneficial for upgrading information disclosure quality, improving internal governance capability, strengthening environmental protection incentives, and thus restrains corporates’ environmental violations. Meanwhile, heterogeneity tests show that the inhibitory effects are more significant in those grouped samples which is large scale, state-owned nature, located in eastern region, with poor evaluation performances and heavy tax burden.

Originality/value

We make two marginal contributions to the current literature. First, this paper enriches the literature on the factors influencing corporate environmental violations by focusing on how the macro-level financial policy influences the micro-level corporate environmental violations. One the one hand, prior studies mainly focused on the consequences of corporate environmental violations; however, there is still a puzzle that the effect of stock market liberalization cannot be fully justified to influence corporate environmental violations. The findings help explain this puzzle by examining that stock market liberalization can restrain corporate environmental violations. Moreover, prior studies mainly focused on corporate share price (Yunsen Chen et al., 2022), market liquidity (Han Kim and Singal, 2000), information disclosure (Liang, Lin, and Chin 2012), corporate governance (Bae and Goyal, 2010) and corporate violations (Lingyun Xiong et al., 2021), but not on corporate environmental violations. We assume that the suppression effect of stock market liberalization on corporate environmental violations can help reduce corporate environmental violations, improve corporates’ awareness of environmental compliance. Second, this paper contributes to a better understanding of the literature on stock market liberalization by investigating the restraining effect of Stock Connect on corporate environmental violations from the perspective of information channel, corporate governance channel and motivation channel, which is of practical significance. Moreover, we investigate the differences in the inhibitory effects of stock market liberalization on different enterprises' environmental violations, from firm size, property rights, enterprise assessment results, tax burden to geographical location, which is conducive to the construction of a green financial system and the promotion of sustainable economic development. Our results show that firms which are large scale, state-owned nature, located in eastern region, with poor evaluation performances and heavy tax burden tend to compliance with environmental laws. These findings emphasize the importance and benefits of Stock Connect.

Details

Nankai Business Review International, vol. 16 no. 1
Type: Research Article
ISSN: 2040-8749

Keywords

Article
Publication date: 14 June 2013

Yage Zhan, Kan Gu, Hua Wu and Jun Luo

The on‐line concentration and temperature measurement of solutions is of great interest as a means of quality production control in many industrial processes, such as in food…

Abstract

Purpose

The on‐line concentration and temperature measurement of solutions is of great interest as a means of quality production control in many industrial processes, such as in food service industry, pharmaceuticals industry, chemical industry and environmental engineering, especially for harmful solutions or solutions that cannot be reached by the operator. This paper seeks to address these issues.

Design/methodology/approach

A high resolution all‐fiber multi‐parameter sensor system has been studied theoretically and experimentally. The sensor system can be used for on‐line monitoring of concentration and temperature simultaneously and dynamically. A combined long period fiber grating (CLPG) is used as the sensor head based on its resonance wavelength shifts being almost linearly with concentration and temperature, and also based on that the two applied resonance peaks have different concentration‐wavelength coefficients and different temperature‐wavelength coefficients. Two wavelength‐matched fiber Bragg gratings (FBGs) are used to convert resonance peak wavelengths of the CLPG into corresponding intensities for interrogation.

Findings

When the concentration and the temperature all fluctuate dynamically during experiments, a concentration resolution of 0.03 g/L has been achieved in the range of 0∼200 g/L, and a temperature resolution of 0.02C has been realized in the range of −20∼60C.

Originality/value

On‐line monitoring of concentration and temperature for solutions is a means of quality production control in biological, chemical and other many industrial processes, such as in food service industry, pharmaceuticals industry, chemical industry, and also in environmental engineering, especially for harmful solutions or solutions that cannot be reached by the operator. Optical fiber sensors have numerous advantages over traditional sensors, such as immunity to electromagnetic interference, higher stability and sensitivity, more easiness of multiplex, being competent for application in harsh environments, “smart structures” and on‐site measurements. Long period optical fiber grating sensor is the most appropriate sensor for multi‐parameter monitoring in the fields mentioned above, which has all the advantages of optical fiber sensor. Besides, optical fiber grating sensors can be used for monitoring more accurately because its signal is coded by wavelength. The all‐fiber sensor system is suitable for remote monitoring of many solutions, such as the solutions of NaCl, glucose, alcohol, and hydrocarbon.

Details

Sensor Review, vol. 33 no. 3
Type: Research Article
ISSN: 0260-2288

Keywords

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